The last day of trading with the warrants of series TO1 in Move About Group AB is today, October 5, 2022

Today, October 5, 2022, is the last day of trading with the warrants of series TO1 in Move About Group AB ("Move About" or "the Company"). The subscription period for the warrants of series TO1 runs up until October 7, 2022. Each warrant of series TO1 gives the owner the right to subscribe for one (1) new share in Move About. The exercise price for the warrants of series TO1 is SEK 1.62 per share.

If all the warrants of series TO1 are exercised, the Company will receive approximately SEK 7.8 million before issuing costs. In order to prevent the warrants expiring without value, the holder must actively subscribe for new shares, no later than October 7, 2022. Alternatively, the holder may sell the warrants, no later than today, October 5, 2022. Please be aware that certain nominees may close their subscriptions earlier than October 7, 2022. Complete terms and conditions for the warrants are available on the Company's website, www.moveaboutgroup.com.

Summarized terms for the warrants of series TO1:

Subscription period: September 26, 2022 - October 7, 2022.

Exercise price: SEK 1.62 per share.

Issue size: 4,800,000 warrants of series TO1, which entitles to subscription of 4,800,000 shares. If all the warrants are exercised, the Company will receive approximately SEK 7.8 million before issuing costs.

Last day for trading warrants of series TO1: October 5, 2022.

Share capital and dilution: If all warrants are exercised the share capital will increase with SEK 120,000.00, from SEK 623,177.50 to SEK 743,177.50. If all warrants are exercised the number of shares will increase with 4,800,000 shares, from 24,927,100 shares to 29,727,100 shares. The dilution at full exercise of all warrants amounts to approximately 16.15 percent of the number of shares and votes in the Company.

Note that the warrants of series TO1 that are not exercised at the latest October 7, 2022, or sold at the latest October 5, 2022, will expire without value. For the warrants not to lose their value, the holder must actively subscribe for new shares or sell the warrants. Also note that some nominees may close their subscription earlier than October 7, 2022.

How warrants are exercised:

Nominee-registered warrants (Custody account)

Subscription and payment by exercise of warrants shall be made in accordance with instructions from each nominee. Please contact your nominee for additional information.

Direct-registered warrants (Securities account)

No accounts for issuing nor any instructions regarding payments will be sent out. Subscriptions will be made through simultaneous payment in accordance with the instructions on the application form. The warrants will then be replaced by interim shares awaiting registration at the Swedish Companies Registration Office.

The application form including instructions for payment will be available on Move About's website, www.moveaboutgroup.comand on Mangold Fondkommission AB's website, www.mangold.se.

Advisers

Mangold Fondkommission AB is financial adviser and Eversheds Sutherland Advokatbyrå AB is legal adviser to Move About Group AB in connection with the exercise of the warrants of series TO1. 

For further information, please contact:

Olof Jonasson, CEO, Move About Group AB
[email protected]
Tel: +46790683811

Certified Adviser

The Company's Certified Adviser is Mangold Fondkommission AB.

About Move About Group AB

Move About offers app-based, environmentally friendly and cost-effective mobility solutions to individuals, companies, municipalities and organizations. The Company has developed and owns all intellectual property rights to the cloud-based green tech platform that provides digital access to electric cars, electric bicycles, taxis, subway and parking, all through the same app - around the clock. Every kilometre that the user travels with the electric cars via the platform means reduced CO2 emissions. The Company's comprehensive mobility solutions are based on the Move About app, which gives the user access to the Company's pools of electric cars, bicycles and scooters. Move About also helps companies, municipalities and organizations optimize their fleets by tailoring mobility solutions to their needs. Move About was founded in Oslo, Norway, in 2007 and has over 70,000 users on its platform and over 800 electric cars in its vehicle fleet with a presence in Sweden, Norway and Germany.

Important information

The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Move About in any jurisdiction, neither from Move About nor anyone else.

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

Rättelse av bilaga: Move About Group (MOV) offentliggör siffror för Q3 2022: Kraftig omsättningstillväxt och förbättrat resultat

Rättelse: Kvartalsrapporten finns nu bifogad

Det tredje kvartalet 2022 växte Move About Group AB ("Move About" eller "Bolaget") med 54% jämfört med det tredje kvartalet 2021. Jämfört med Q1-Q3 2021 var tillväxten 60%.  Jämfört med Q2 i år var intäkterna stabila, trots ett säsongsmässigt svagare tredjekvartal.


Correction of attachment: Move About Group (MOV) publishes figures for Q3 2022: Strong revenue growth and improved earnings

Correction: The Q3 report is now available as attachment

In the third quarter of 2022, Move About Group AB ("Move About" or the "Company") grew by 54% compared to the third quarter of 2021. Compared to Q1-Q3 2021, the growth was 60%. Compared to Q2 this year, revenue was stable, despite a seasonally weaker third quarter.


Move About Group (MOV) offentliggör siffror för Q3 2022: Kraftig omsättningstillväxt och förbättrat resultat

Det tredje kvartalet 2022 växte Move About Group AB ("Move About" eller "Bolaget") med 54% jämfört med det tredje kvartalet 2021. Jämfört med Q1-Q3 2021 var tillväxten 60%.  Jämfört med Q2 i år var intäkterna stabila, trots ett säsongsmässigt svagare tredjekvartal.


Move About Group (MOV) publishes figures for Q3 2022: Strong revenue growth and improved earnings

In the third quarter of 2022, Move About Group AB ("Move About" or the "Company") grew by 54% compared to the third quarter of 2021. Compared to Q1-Q3 2021, the growth was 60%. Compared to Q2 this year, revenue was stable, despite a seasonally weaker third quarter.


Move About levererar delade elbilar till 159 nyproducerade lägenheter i Västerås

I samarbete med det allmännyttiga bostadsbolaget Mimer utökar nu Move About sin närvaro i Västerås. Två nya stationer med totalt fyra elbilar har redan rullats ut - redo att bokas av de boende, allmänheten och närliggande företag via Move Abouts app.


Move About Group AB flyttar funktioner från Oslo till Göteborg och utnämner Andreas Tullborg till T.f. CFO

I ett led att effektivisera de administrativa funktionerna i Move About Group AB ("Move About" eller "bolaget") flyttas vissa funktioner, såsom ekonomi och skadereglering, till huvudkontoret i Göteborg. I och med detta utnämns Andreas Tullborg, 40, som T.f. CFO i Move About Group AB och kommer ingå i bolagets ledningsgrupp. Magnus Bergan, CFO, lämnar gruppen efter Q3 rapporten i november.


Move About Group AB moves functions from Oslo to Gothenburg and appoints Andreas Tullborg as Acting CFO

In part of streamlining the administrative functions of Move About Group AB ("Move About" or the "company"), certain functions, such as finance and claims settlement, are moved to the head office in Gothenburg. As a result, Andreas Tullborg, 40, is appointed as acting CFO of Move About Group AB and will be part of the company's management team. Magnus Bergan, CFO, will leave the group after the Q3 report in November.


Teckningsoptioner av serie TO1 nyttjades till cirka 43,4 procent och Move About Group AB tillförs cirka 3,38 MSEK

Move About Group AB ("Move About" eller "Bolaget") meddelar idag utfallet från nyttjandet av teckningsoptionerna av serie TO1, vilka emitterades under det första kvartalet 2022. Totalt nyttjades 2 084 883 teckningsoptioner av serie TO1, motsvarande cirka 43,4 procent av utestående teckningsoptioner av serie TO1, för teckning av 2 084 883 aktier till en teckningskurs om 1,62 SEK per aktie. Genom nyttjandet av teckningsoptionerna av serie TO1 tillförs Move About cirka 3,38 MSEK före emissionskostnader.


Warrants of series TO1 were subscribed to approximately 43.4 percent and Move About Group AB receives approximately SEK 3.38 million

Move About Group AB ("Move About" or the "Company") today announces the outcome of the exercise of warrants of series TO1, which were issued during the first quarter of 2022. In total, 2,084,883 warrants of series TO1 were exercised, corresponding to approximately 43.4 percent of the total number of outstanding warrants of series TO1, for subscription of 2,084,883 shares at a subscription price of SEK 1.62 per share. Move About will receive approximately SEK 3.38 million before issuing costs through the exercise of the warrants of series TO1.


Slate Asset Management tillhandahåller bilfinansiering för Move About Group AB i syfte att stödja utrullning av elfordon och laddinfrastruktur i Europa

LONDON, 7 oktober 2022 - Slate Asset Management ("Slate"), en global alternativ investeringsplattform riktad mot reala tillgångar, meddelade idag att man har kommit överens om att tillhandahålla bilfinansiering till Move About Group AB ("Move About"), en svensk elektrisk mobilitetstjänst, för att stödja utrullningen av mer än 150 elfordon och laddinfrastruktur för elfordon i Europa.  Bilfinansieringen från Slate kommer att användas för att stärka Move Abouts elbilsflotta, som för närvarande äger och leasar över 800 elbilar och har mer än 71 000 användare på sin plattform.


Slate Asset Management Provides Fleet Financing to Move About Group AB to Support Rollout of Electric Vehicles and Charging Infrastructure Across Europe

LONDON, October 7, 2022 - Slate Asset Management ("Slate"), a global alternative investment platform targeting real assets, today announced that it has agreed to provide financing to Move About Group AB ("Move About"), a Swedish electric mobility service, to support the roll out of more than 150 electric vehicles and electric vehicle charging infrastructure throughout Europe. The car funding provided by Slate will be used to bolster Move About's electric car fleet, which currently owns and operates over 800 electric cars and has more than 71,000 users on its platform.


Sista dag för handel med teckningsoptionerna av serie TO1 i Move About Group AB är idag, den 5 oktober 2022

Idag, den 5 oktober 2022, är den sista dagen för handel med teckningsoptioner av serie TO1 i Move About Group AB ("Move About" eller "Bolaget"). Nyttjandeperioden för teckningsoptionerna av serie TO1 pågår till och med den 7 oktober 2022. Varje teckningsoption av serie TO1 ger rätt att teckna en (1) ny aktie i Move About. Teckningskursen för teckningsoptionerna av serie TO1 är 1,62 SEK per aktie.


The last day of trading with the warrants of series TO1 in Move About Group AB is today, October 5, 2022

Today, October 5, 2022, is the last day of trading with the warrants of series TO1 in Move About Group AB ("Move About" or "the Company"). The subscription period for the warrants of series TO1 runs up until October 7, 2022. Each warrant of series TO1 gives the owner the right to subscribe for one (1) new share in Move About. The exercise price for the warrants of series TO1 is SEK 1.62 per share.


Move About moderniserar flottan och realiserar starka andrahandsvärden på elbilar

Som ett led i att erbjuda kunderna moderna och attraktiva elbilar i Move Abouts delade elbilspooler har bolaget initierat ett skifte av mer än 10% av flottan i Sverige, vilket innebär leverans av ett 30-tal nya fordon. Samtidigt bekräftas en mycket stark andrahandsmarknad på elbilar, jämfört med inlösenpriser för bilarna beräknas skiftet generera mer än 2 MSEK i vinst för Move About.  


Olof Jonasson utsedd till ny VD för Move About Group AB

Till ny VD och koncernchef för Move About Group AB har utsetts Olof Jonasson, 51. Olof har sedan april 2022 varit T.f. VD för gruppen. Olof har under perioden november 2021-mars 2022 suttit i bolagets styrelse och har tidigare en bakgrund i ledande ställningar inom finansmarknaden i Sverige.


Olof Jonasson appointed new CEO of Move About Group AB

Olof Jonasson, 51, has been appointed new President and CEO of Move About Group AB.  Olof has since April 2022 been Acting CEO for the group.  Olof has during the period November 2021-March 2022 served on the company's board and previously has a background in leading positions in the financial market in Sweden.


Move About redovisar kraftig medlemstillväxt - ökar 215 procent jämfört med föregående period

Skandinaviens största leverantör av elbilspooler mer än dubblar antalet nya medlemmar i Sverige och Norge från januari till augusti 2022 - jämfört med samma period året innan. Den kraftiga tillväxten kan härledas till faktorer som skenande priser på fossila drivmedel, en alltmer miljömedveten konsumentmarknad och effektivare kommunikationskanaler.


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