The subscription price for exercise of warrants of series TO1 in Move About Group AB has been determined to SEK 1.62 per share and the subscription period begins on September 26

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, 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") issued, in connection with the listing of the Company's shares on Nasdaq First North Growth Market during the first quarter of 2022, warrants of series TO1. Each warrant gives the right to subscribe for one (1) new share in the Company. The subscription price for the warrants of series TO1 was determined to be 70 percent of the volume-weighted average price of the Company's share on Nasdaq First North Growth Market during the measurement period from and including September 9, 2022, up to and including September 22, 2022. However, not lower than the quota value for the Company's shares and not higher than SEK 11.75 per share. The volume-weighted average price of the Company's share during the measurement period amounted to approximately SEK 2.31. Thus, the subscription price is determined to SEK 1.62. The subscription period for warrants of series TO1 runs from September 26, 2022, up to and including October 7, 2022.

Complete terms and conditions for the warrants of series TO1 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 registration 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 at Move About's website, www.moveaboutgroup.com and on Mangold Fondkommission AB's website, www.mangold.se on September 26, 2022.

Advisers

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

For further information, please contact:

Olof Jonasson, acting 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 58,500 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.

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.


Teckningskurs för nyttjandet av teckningsoptioner av serie TO1 i Move About Group AB har fastställts till 1,62 SEK per aktie och nyttjandeperioden inleds den 26 september 2022

EJ FÖR OFFENTLIGGÖRANDE, PUBLICERING ELLER DISTRIBUTION, DIREKT ELLER INDIREKT, I ELLER TILL USA, AUSTRALIEN, KANADA, NYA ZEELAND, HONGKONG, JAPAN, 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") emitterade i samband med noteringen av Bolagets aktie på Nasdaq First North Growth Market under det första kvartalet 2022 teckningsoptioner av serie TO1. Varje teckningsoption ger rätt att teckna en (1) ny aktie i Bolaget. Teckningskursen för teckningsoptionerna av serie TO1 fastställdes till 70 procent av den volymvägda genomsnittskursen i Bolagets aktie på Nasdaq First North Growth Market under mätperioden från och med den 9 september 2022 till och med den 22 september 2022, dock inte lägre än kvotvärdet för Bolagets aktier och inte högre än 11,75 SEK per aktie. Den volymvägda genomsnittskursen i Bolagets aktie uppgick under mätperioden till cirka 2,31 SEK och således är teckningskursen fastställd till 1,62 SEK. Nyttjandeperioden för teckningsoptioner av serie TO1 pågår från och med den 26 september 2022 till och med den 7 oktober 2022.

Fullständiga villkor för teckningsoptionerna TO1 finns att tillgå på Bolagets webbadress, www.moveaboutgroup.com.


The subscription price for exercise of warrants of series TO1 in Move About Group AB has been determined to SEK 1.62 per share and the subscription period begins on September 26

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, 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") issued, in connection with the listing of the Company's shares on Nasdaq First North Growth Market during the first quarter of 2022, warrants of series TO1. Each warrant gives the right to subscribe for one (1) new share in the Company. The subscription price for the warrants of series TO1 was determined to be 70 percent of the volume-weighted average price of the Company's share on Nasdaq First North Growth Market during the measurement period from and including September 9, 2022, up to and including September 22, 2022. However, not lower than the quota value for the Company's shares and not higher than SEK 11.75 per share. The volume-weighted average price of the Company's share during the measurement period amounted to approximately SEK 2.31. Thus, the subscription price is determined to SEK 1.62. The subscription period for warrants of series TO1 runs from September 26, 2022, up to and including October 7, 2022.

Complete terms and conditions for the warrants of series TO1 are available on the Company's website, www.moveaboutgroup.com.


Move About Group AB bjuder in till investerarlunch i Stockholm den 27 september 2022

I samband med nyttjandeperioden för Move About Group AB:s ("Bolaget" eller "Move About") teckningsoptioner av serie TO1, som inleds den 26 september 2022, bjuder Bolaget in aktieägare och allmänheten till investerarlunch i Stockholm den 27 september 2022.


Move About Group AB invites investors for lunch in Stockholm September 27, 2022

In connection with the exercise period for Move About Group AB's ("the Company" or "Move About") warrants of series TO1, which begins on September 26, 2022, the Company invites shareholders and the public to an investor lunch in Stockholm on September 27, 2022.


Move About lanserar två nya stationer i Stockholm i samarbete med Svenska Bostäder och Familjebostäder

Nu är det ännu lättare att röra sig klimatsmart i Stockholm. I samarbete med Svenska Bostäder och Familjebostäder etablerar Move About ytterligare två stationer belägna i stadsdelarna Blackeberg och Hägersten. Bilarna går att boka digitalt via Move Abouts app.


Move About launches two new car sharing locations in Stockholm together with Svenska Bostäder and Familjebostäder

Now it's even easier to move emission free in Stockholm. In collaboration with Svenska Bostäder and Familjebostäder, Move About is establishing two new electric car sharing locations in the areas Blackeberg and Hägersten. The cars are available for bookings in the Move About app.


Move About Group AB erhåller teckningsförbindelser avseende teckningsoptioner av serie TO1 från styrelse och ledning

Nyttjandeperioden för Move About Group AB:s (publ) ("Bolaget" eller "Move About") teckningsoptioner av serie TO1 inleds den 26 september 2022. Bolaget kan idag meddela att personer ur styrelse och ledning genom teckningsförbindelser har avtalat om nyttjande av sina respektive teckningsoptioner.


Move About Group AB receives subscription commitments regarding warrants of series TO1 from the board and management

The exercise period for Move About Group ABs (publ) (the "Company" or "Move About") warrants of series TO1 begins on September 26, 2022. The company announces that persons from the board and management have entered into subscription commitments regarding excision of their respective warrants of series TO1.


Move About Group (MOV) offentliggör siffror för Q2 2022: Förbättrad omsättning och resultat

Det andra kvartalet 2022 växte Move About Group AB ("Move About" eller "Bolaget") med 17% jämfört med det första kvartalet 2021. Jämfört med Q1 2022 var tillväxten 30%, en ökning som till största delen kan härledas till ökat kapacitetsutnyttjande i både väletablerade- som nya elbilspooler i början av 2022.  Jämfört med 1H 2021 växte bolagets intäkter med 40%.


Rättelse av datum: Move About Group refinansierar befintliga lån

RÄTTELSE AV DATUM I PUBLICERAT PRESSMEDDELANDE.

Move About Group AB (publ.) ("Bolaget") har avtalat med Formue Nord Fokus A/S (FN) om en refinansiering av befintliga lån om 9 MSEK för en total lånefinansiering om 17 MSEK ("Lånet") samt ytterligare 2 MSEK av en grupp större aktieägare i bolaget, Rebelijo, Vindeggen, T.K Eiendom samt RAC Group AS. Lånet ska dels användas för att säkerställa rörelsekapital för Bolagets fortsatta expansionsplan under 2022, dels refinansiera 9,0 MSEK av befintligt lån som upptogs den 8 mars 2022 från Formue Nord.


Correction of date: Move About Group refinances existing loans

CORRECTION OF DATE IN PREVIOUS PRESS RELEASE.

Move About Group AB (publ.)  (the "Company") has agreed with Formue Nord Fokus A/S (FN) for a refinancing of existing loans of SEK 9 million for a total loan financing  of SEK 17 million (the "Loan") and an additional SEK 2 million by a group of major shareholders in the company, Rebelijo, Vindeggen, T.K Eiendom and RAC Group AS . The loan will be used to secure working capital for the Companys continued expansion plan in 2022 and to refinance SEK 9.0 million of the existing loan raised on 8 March 2022 from Formue Nord.


Move About Group refinansierar befintliga lån

Move About Group AB (publ.) ("Bolaget") har avtalat med Formue Nord Fokus A/S (FN) om en refinansiering av befintliga lån om 9 MSEK för en total lånefinansiering om 17 MSEK ("Lånet") samt ytterligare 2 MSEK av en grupp större aktieägare i bolaget, Rebelijo, Vindeggen, T.K Eiendom samt RAC Group AS. Lånet ska dels användas för att säkerställa rörelsekapital för Bolagets fortsatta expansionsplan under 2022, dels refinansiera 9,0 MSEK av befintligt lån som upptogs den 8 mars 2022 från Formue Nord.


Move About Group refinances existing loans

Move About Group AB (publ.)  (the "Company") has agreed with Formue Nord Fokus A/S (FN) for a refinancing of existing loans of SEK 9 million for a total loan financing  of SEK 17 million (the "Loan") and an additional SEK 2 million by a group of major shareholders in the company, Rebelijo, Vindeggen, T.K Eiendom and RAC Group AS . The loan will be used to secure working capital for the Companys continued expansion plan in 2022 and to refinance SEK 9.0 million of the existing loan raised on 8 March 2022 from Formue Nord.


Kommuniké från årsstämma i Move About Group AB

Årsstämma i Move About Group AB ("Bolaget") ägde rum idag den 15 juli 2022. Samtliga beslut fattades med erforderlig majoritet i enlighet med styrelsens tidigare offentliggjorda förslag. De huvudsakliga besluten fattade av stämman framgår nedan.


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