Urb-it announces partnership with DHL Express France

Urb-it is pleased to announce an exciting collaboration in France, combining its sustainable customer-centric last-mile delivery service with DHL Express consolidation and first-mile solution.

29 September 2020 - Urb-it and DHL Express France have entered into a partnership to provide zero carbon last-mile deliveries to its consumers in France.

The new partnership will enable Urb-it to enhance its eco-certified last-mile delivery service and meet the rapidly increasing consumer demand for sustainable, future-proof ecommerce delivery and returns solutions. It will also solve the need for an eco-fleet to rapidly scale capacity and deliver on customer expectations.

Now live in Paris, Urb-it will operate a part of last-mile deliveries direct from DHL Express France's centrally located distribution centers to consumers, with future plans to roll the operation out across other major French cities. The partnership brings together two influential logistic service providers to offer customers a premium and sustainable delivery service.

"The collaboration with Urb-it is a fantastic opportunity for us to continue to develop our customer offering of sustainable logistics solutions. Now we can offer fast and eco-certified home delivery from our city distribution centers." said Philippe Prétat, CEO DHL Express France

Kevin Kviblad, CEO of Urb-it commented, "Working with a world-leading logistics company like DHL Express France is incredibly exciting and a tremendous validation of our vision. Together we can create synergies that strengthen the customer offering and thus give the customer the delivery experience they demand and deserve. At the same time as we contribute to the continued reduction of air pollution and congestion our cities."

Urb-it is combining sustainable, customer-centric delivery services with next-gen technology solutions. In its 2021 strategy, it expects further growth of its cross-border logistics partnerships, and as a result, increased demand for convenient and eco-friendly delivery expertise.

For more information, visit Urb-it.com or contact:
Kevin Kviblad, CEO, Urb-it AB (publ)
E-mail: [email protected]
Telephone: +46 (0)76 310 28 39

About Urb-it AB (publ):
Urb-it offers flexible, fast, personal and environmentally friendly deliveries to consumers and retailers in large cities. Urb-it currently has operations in London, Paris and Lyon.

About DHL Express France:
Part of the Deutsche Post DHL Group, DHL is a global logistics leader with a network of 380,000 professionals in over 220 countries and territories worldwide.

The Company's Certified Adviser is Mangold Fondkommission AB who are reachable on +468- 503 015 50 or [email protected].

This information is such information that Urb-it AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation. The information was submitted, via the above-mentioned contact person, for publication on 29 September 2020.

Urb-it genomför riktad nyemission om cirka 23,3 miljoner kronor

Styrelsen i Urb-it AB (publ) ("Urb-it" eller "Bolaget") har, med stöd av bemyndigande lämnat av årsstämman den 13 maj 2022, beslutat och genomfört en riktad nyemission av 8 475 000 aktier med en teckningskurs om 2,75 kronor per aktie ("Nyemissionen"). Genom Nyemissionen tillförs Bolaget cirka 23,3 miljoner kronor före transaktionsrelaterade kostnader.

Urb-it carries out a directed share issue of approximately SEK 23.3 million

The board of directors of Urb-it AB (publ) ("Urb-it or the "Company") has, pursuant to the authorisation granted by the annual general meeting held on May 13, 2022, resolved and carried out a directed issue of 8,475,000 shares at a subscription price of SEK 2.75 per share (the "Share Issue"). The Company raises approximately SEK 23.3 million before transaction related costs through the Share Issue.

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