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Move About expands in Karlskrona - won the procurement for the second time around

Move About is now expanding in Karlskrona. The expansion follows by the win of the procurement from Karlskrona municipality for the second time in a row.

This time, the agreement also includes Kruthusen business properties, Blekinge Technical College and Karlskronahem, who are given the right to add electric car- and bike sharing locations. The intention is to extend the existing fleet to 19 electric cars and 23 electric bikes during the contract period.

For several years Karlskrona municipality has had a strong focus on sustainability. Therefore, Move About's car sharing service is a cornerstone in the municipality's strategy for reducing their environmental impact. As a bonus, Karlskrona allows all their inhabitants and other actors in the nearby area to book their electric vehicles, which reduces the number of cars on the roads, saves emissions and makes the traffic quieter.

"We are very pleased with the renewed confidence and thus also the opportunity for expansion in Karlskrona," says CEO of Move About Group, Morten von Krogh.

"For us, the collaboration in Karlskrona has been an important proof of our model. A report published by the Swedish Energy Agency in March 2021 confirms that the utilization rate of the municipality's electric vehicle pool has increased significantly under the Move About agreements. At the same time, costs have been able to decrease by 30 percent and compared with the previous fossil carpool, the electric vehicle pool finances itself", says von Krogh.

Source: http://www.energimyndigheten.se/arkiv-for-resultat/Resultat/elbilspoolen-i-karlskrona-finansierar-sig-sjalv/

New actors on the market
The framework agreement also includes two municipal property owners, Kruthusen business properties and Karlskronahem, that have shown great interest in the concept of car sharing, and there are already ongoing plans to establish car sharing locations in upcoming projects. In that way, they too can offer a service that facilitates emission-free transportation, frees up space and promotes sustainability. Furthermore, the electric cars and bikes are made available to over 300 employees of Karlskrona municipality - and those living and working in the region.

Renewed confidence
Since Move About won the procurement from Karlskrona municipality last time around, there are already car- and bike sharing locations in operation by the city hall. In addition to the partnership with Karlskrona municipality, Move About have additional cars by the train station in collaboration with the property developer Obos Kärnhem.

"Move About has been providing Karlskrona municipality with sustainable mobility for many years and so we are really excited to expand this collaboration to also include real estate-developers and schools in the same network of shared electric cars. By sharing resources between the areas that affect all citizens the benefits for the environment and the population are maximized." says Peter Aldby Country Manager in Move About Sweden.

For additional information

Morten von Krogh, CEO, Move About
[email protected]
+47 971 94 931

Certified Adviser
Mangold Fondkommission AB is the Company's Certified Adviser and can be reached by phone, 08-5030 1550, and via e-mail, [email protected].

Move About Group AB in brief

Move About offers app-based, environment friendly, and cost-efficient mobility solutions to individuals, businesses, municipalities, and organizations. The Company has developed and owns all immaterial rights to the cloud-based green tech platform which gives digital access to electric cars, electric bikes, taxi, subway, and parking, all through the same app - around the clock. Every kilometer the user travels with the electric cars via the platform reduces CO2 emissions.

The Company's extensive mobility solutions is built upon the Move About-app which gives the user access to the Company's pools of electric cars, bikes, and scooters. Move About also assists companies, municipalities, and organizations to optimize their vehicle fleets by tailoring mobility solutions based on needs.

Move About was founded in Oslo, Norway, 2007 and has over 58,500 users today on their platform, and over 730 electric cars in the Company's vehicle fleet with presence in Sweden, Norway, and Germany.

Teckningsperioden i Move Abouts företrädesemission inleds idag

EJ FÖR OFFENTLIGGÖRANDE, PUBLICERING ELLER DISTRIBUTION, DIREKT ELLER INDIREKT, I ELLER TILL USA, AUSTRALIEN, BELARUS, HONGKONG, JAPAN, KANADA, NYA ZEELAND, RYSSLAND, SCHWEIZ, SINGAPORE, SYDAFRIKA, SYDKOREA ELLER NÅGON ANNAN JURISDIKTION DÄR DISTRIBUTION AV DETTA PRESSMEDDELANDE INTE SKULLE VARA FÖRENLIG MED TILLÄMPLIGA FÖRESKRIFTER. VÄNLIGEN SE VIKTIG INFORMATION I SLUTET AV PRESSMEDDELANDET.

Idag, den 1 februari 2023, inleds teckningsperioden i Move About Group AB:s ("Move About" eller "Bolaget") företrädesemission av units, vilken extra bolagsstämma beslutade om den 23 januari 2023 ("Företrädesemissionen"). Teckningsperioden i Företrädesemissionen löper från och med den 1 februari till och med den 15 februari 2023. Observera dock att förvaltare kan ha ett tidigare sista svarsdatum för teckning i Företrädesemissionen.


The subscription period in Move About's rights issue starts today

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, BELARUS, HONGKONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

Today, February 1, 2023, the subscription period begins in Move About Group AB's ("Move About" or the "Company") rights issue of units, which the extraordinary general meeting decided on January 23, 2023 (the "Rights Issue"). The subscription period in the Rights Issue runs from and including February 1, up to and including February 15, 2023. However, note that nominees may have an earlier deadline for subscription in the Rights Issue.


Move About följer Tesla - sänker timpriset för premiumbilar med 40 procent

Den skandinaviska bildelaren Move About följer marknadens prisjusteringar och sänker timpriset för Tesla model 3 och Y - från 295 till 179 kronor i timmen. Justeringen innebär en prissänkning med dryga 40 procent, vilket tros kunna stimulera nyttjandet av bilarna ytterligare genom fler vardagshyror och ett ökat antal resor under fem timmar.


Move About offentliggör prospekt med anledning av företrädesemission av units

EJ FÖR OFFENTLIGGÖRANDE, PUBLICERING ELLER DISTRIBUTION, DIREKT ELLER INDIREKT, I ELLER TILL USA, AUSTRALIEN, BELARUS, HONGKONG, JAPAN, KANADA, NYA ZEELAND, RYSSLAND, SCHWEIZ, SINGAPORE, SYDAFRIKA, SYDKOREA ELLER NÅGON ANNAN JURISDIKTION DÄR DISTRIBUTION AV DETTA PRESSMEDDELANDE INTE SKULLE VARA FÖRENLIG MED TILLÄMPLIGA FÖRESKRIFTER. VÄNLIGEN SE VIKTIG INFORMATION I SLUTET AV PRESSMEDDELANDET.

Move About Group AB ("Move About" eller "Bolaget") har upprättat ett EU-tillväxtprospekt ("Prospektet") med anledning av Bolagets företrädesemission av units bestående av aktier och teckningsoptioner ("Företrädesemissionen"), vilken extra bolagsstämma beslutade om den 23 januari 2023. Prospektet har idag godkänts av Finansinspektionen. Prospektet innehållande fullständiga villkor och anvisningar finns nu tillgängligt på Bolagets hemsida, www.moveaboutgroup.com, och kommer att finnas tillgängligt på Mangold Fondkommission AB:s hemsida, www.mangold.se och på Finansinspektionens hemsida, www.fi.se. Information om Företrädesemissionen kommer att finnas tillgängligt på Bolagets och Mangold Fondkommission AB:s respektive hemsida.


Move About publishes prospectus due to rights issue of units

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, BELARUS, HONGKONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

Move About Group AB ("Move About" or the "Company") has prepared an EU growth prospectus (the "Prospectus") due to the Company's rights issue of units consisting of shares and warrants (the "Rights Issue"), which the extraordinary general meeting decided on January 23, 2023. The Prospectus was approved by the Swedish Financial Supervisory Authority today. The Prospectus containing complete terms and conditions is now available on the Company's website, www.moveaboutgroup.com, and will be available on Mangold Fondkommission AB's website, www.mangold.se and on the Swedish Financial Supervisory Authority's website, www.fi.se. Information about the Rights Issue will be available on the Company's and Mangold Fondkommission AB's respective website.


KOMMUNIKÉ FRÅN EXTRA BOLAGSSTÄMMA DEN 23 JANUARI 2023 I MOVE ABOUT GROUP AB

Extra bolagsstämman i Move About Group AB (publ), org. nr 559311-9232, ("Bolaget"), ägde rum idag den 23 januari 2023 i Bolagets lokaler på Norra Hamngatan 18 i Göteborg.


BULLETIN FROM THE EXTRAORDINARY GENERAL MEETING ON 23 JANUARY 2023 IN MOVE ABOUT GROUP AB

The Extraordinary General Meeting in Move About Group AB (publ), reg. no 559311-9232, (the "Company"), was held today, 23 January 2023, at the Company's premises at Norra Hamngatan 18 in Gothenburg, Sweden.


KOMMUNIKÉ FRÅN EXTRA BOLAGSSTÄMMA DEN 9 JANUARI 2023 I MOVE ABOUT GROUP AB

Extra bolagsstämman i Move About Group AB (publ), org. nr 559311-9232, ("Bolaget"), ägde rum idag den 9 januari 2023 i Bolagets lokaler på Norra Hamngatan 18 i Göteborg.


BULLETIN FROM THE EXTRAORDINARY GENERAL MEETING ON 9 JANUARY 2023 IN MOVE ABOUT GROUP AB

The Extraordinary General Meeting in Move About Group AB (publ), reg. no 559311-9232, (the "Company"), was held today, 9 January 2023, at the Company's premises at Norra Hamngatan 18 in Gothenburg, Sweden.


KOMMUNIKÉ FRÅN EXTRA BOLAGSSTÄMMA DEN 29 DECEMBER 2022 I MOVE ABOUT GROUP AB

Extra bolagsstämman i Move About Group AB (publ), org. nr 559311-9232, ("Bolaget"), ägde rum idag den 29 december 2022 i Bolagets lokaler på Norra Hamngatan 18 i Göteborg.


BULLETIN FROM THE EXTRAORDINARY GENERAL MEETING ON 29 DECEMBER 2022 IN MOVE ABOUT GROUP AB

The Extraordinary General Meeting in Move About Group AB (publ), reg. no 559311-9232, (the "Company"), was held today, 29 December 2022, at the Company's premises at Norra Hamngatan 18 in Gothenburg, Sweden.


Rättelse: Move About refinansierar befintliga lån om 13 MSEK

I en tidigare version av detta pressmeddelande som offentliggjordes 20 december 2022 kl. 20:26 saknades detaljerad information om villkoren för eventuell kvittning av Lånet mot aktier. Nedan följer uppdaterat pressmeddelande i sin helhet där även mer detaljerad information om villkor för kvittning av Lånet framgår.

Move About Group AB ("Move About" eller "Bolaget") har avtalat med Formue Nord Fokus A/S om en refinansiering av befintliga lån om 13 MSEK ("Lånet"). Delar av det utestående lån om 17 MSEK, exklusive upplupen ränta, som upptogs den 22 juli 2022, ska återbetalas med emissionslikviden från den företrädesemission som föreslagits av en grupp aktieägare i Bolaget och offentliggjorts via pressmeddelande den 20 december 2022. Resterande andel av utestående lån till Formue Nord Fokus A/S om 13 MSEK ska därmed refinansieras.


Correction: Move About refinances existing loans of SEK 13 million

In an earlier version of this press release published December 20, 2022 at 20:26, detailed information of the terms regarding possible set-off of the Loan against shares were missing. Below follows an updated press release in its entirety, which also includes more detailed information of the terms for set-off of the Loan.

Move About Group AB ("Move About" or the "Company") has agreed with Formue Nord Fokus A/S of a refinancing of existing loans of SEK 13 million (the "Loan"). Part of the outstanding loan of SEK 17 million, excluding accrued interest, which was procured on July 22, 2022, shall be repaid with the proceeds from the rights issue proposed by a group of shareholders in the Company which was published via press release, December 20, 2022. Thereby, the remaining part of the outstanding loan to Formue Nord Fokus A/S of SEK 13 million will be refinanced.


Kallelse till extra bolagsstämma i Move About Group AB

Aktieägarna i Move About Group AB, org.nr 559311-9232 ("Bolaget"), kallas härmed till extra bolagsstämma den 23 januari 2023 kl. 11.30 i Bolagets lokaler på Norra Hamngatan 18 i Göteborg. Inregistrering inleds från klockan kl. 11.15.


Notice of Extraordinary General Meeting of Move About Group AB

The shareholders of Move About Group AB, org.nr 559311-9232 (the "Company"), are hereby convened to an Extraordinary General Meeting on 23 January 2023 at 11.30 a.m. at the Company's premises at Norra Hamngatan 18 in Gothenburg. Registration will commence at 11.15 a.m.


Move About refinansierar befintliga lån om 13 MSEK

Move About Group AB ("Move About" eller "Bolaget") har avtalat med Formue Nord Fokus A/S om en refinansiering av befintliga lån om 13 MSEK ("Lånet"). Delar av det utestående lån om 17 MSEK, exklusive upplupen ränta, som upptogs den 22 juli 2022, ska återbetalas med emissionslikviden från den företrädesemission som föreslagits av en grupp aktieägare i Bolaget och offentliggjorts via pressmeddelande idag den 20 december 2022. Resterande andel av utestående lån till Formue Nord Fokus A/S om 13 MSEK ska därmed refinansieras.


Move About refinances existing loans of SEK 13 million

Move About Group AB ("Move About" or the "Company") has agreed with Formue Nord Fokus A/S of a refinancing of existing loans of SEK 13 million (the "Loan"). Part of the outstanding loan of SEK 17 million, excluding accrued interest, which was procured on July 22, 2022, shall be repaid with the proceeds from the rights issue proposed by a group of shareholders in the Company which was published via press release today, December 20, 2022. Thereby, the remaining part of the outstanding loan to Formue Nord Fokus A/S of SEK 13 million will be refinanced.


Aktieägare föreslår en företrädesemission av units om cirka 35,1 MSEK och en riktad emission för kvittning av konvertibellån och aktieägarlån om cirka 12,3 MSEK

EJ FÖR OFFENTLIGGÖRANDE, PUBLICERING ELLER DISTRIBUTION, DIREKT ELLER INDIREKT, I ELLER TILL USA, AUSTRALIEN, BELARUS, HONGKONG, JAPAN, KANADA, NYA ZEELAND, RYSSLAND, SCHWEIZ, SINGAPORE, SYDAFRIKA, SYDKOREA ELLER NÅGON ANNAN JURISDIKTION DÄR DISTRIBUTION AV DETTA PRESSMEDDELANDE INTE SKULLE VARA FÖRENLIG MED TILLÄMPLIGA FÖRESKRIFTER. VÄNLIGEN SE VIKTIG INFORMATION I SLUTET AV PRESSMEDDELANDET.

Move About Group AB ("Move About" eller "Bolaget") har mottagit en begäran från aktieägare representerande 13,8 procent av aktierna i Bolaget om extra bolagsstämma för beslut om en företrädesemission av units bestående av aktier och teckningsoptioner av serie TO2 med företrädesrätt för befintliga aktieägare om cirka 35,1 MSEK ("Företrädesemissionen") och en riktad kvittningsemission av units bestående av aktier och teckningsoptioner av serie TO2 om cirka 12,3 MSEK för kvittning av utestående konvertibla lån samt aktieägarlån (den "Riktade Kvittningsemissionen"). Förslagen innefattar även beslut om ändring av bolagsordningens gränser för aktiekapitalet och antalet aktier. Företrädesemissionen omfattas till cirka 70 procent av teckningsförbindelser och garantiåtaganden. Vid fullt utnyttjande av samtliga teckningsoptioner av serie TO2 inom ramen för Företrädesemissionen och den Riktade Kvittningsemissionen kan Bolaget erhålla ytterligare högst cirka 29,5 MSEK. Kallelse till extra bolagsstämma i enlighet med aktieägarnas begäran offentliggörs genom separat pressmeddelande.


Shareholders propose a rights issue of units of approx. SEK 35.1 million and a directed issue to set-off convertible loans and shareholder loans of approx. SEK 12.3 million

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, BELARUS, HONGKONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

Move About Group AB ("Move About" or the "Company") has today received a request from shareholders represented by 13.8 percent of the shares in the Company of an extraordinary general meeting to decide on a rights issue of units consisting of shares and warrants of series TO2 with preferential rights for existing shareholders of approximately SEK 35.1 million (the "Rights Issue") and a directed issue of units consisting of shares and warrants of series TO2 of approximately SEK 12.3 million to set-off outstanding convertible loans and loans from shareholders (the "Directed Set-Off Issue"). The proposals also include an amendment of the Company's Articles of Association regarding the limits for the number of shares and the share capital. The Rights Issue is covered to approximately 70 percent through subscription commitments and underwriting commitments. The Company can additionally receive a maximum of SEK 29.5 million if all warrants of series TO2 from the Rights Issue and the Directed Set-Off Issue are exercised. Notice of the extraordinary general meeting according to the shareholders request will be published in a separate press release.


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