Urb-it launches its sustainable delivery services in Scotland

Expanding into Glasgow, Scotland's largest city

Urb-it, the green logistics provider and Certified B Corporation, is pleased to announce it has launched in Scotland. It is now offering its sustainable delivery services in Glasgow, Scotland's largest city and the fifth largest city in the UK*.

Urb-it partners with the logistics sector and brands through delivering the last mile sustainably and efficiently in cities and urban locations. Its customer-centric last mile delivery services are conducted by couriers on foot, bikes and its e-cargo fleet - reducing noise pollution, air pollution and congestion. In 2020 Urb-it became B Corp™ certified and is committed to maintaining the highest standards of environmental performance, social governance, public transparency and legal accountability.

Glasgow City Council has been operating a Low Emission Zone (LEZ) since December 2018, with Phase 1 applicable for local buses at present and Phase 2 applying to all vehicles (unless exempt) from June 2023. Glasgow City Council views the LEZ as an essential measure to improve air quality, protect public health and support wider climate change ambitions by encouraging more sustainable transport options; all of which align with Urb-it's priorities and the regulatory tailwinds propelling its business.

Urb-it has launched in Glasgow ahead of the UK hosting the 26th UN Climate Change Conference of the Parties (COP26) on 31 October - 12 November 2021, when parties will be brought together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.

In 2021, Urb-it has expanded from three to nine cities across two of Europe's largest e-commerce markets, the UK and France. It has strengthened relationships with its partners and signed new agreements with several of the world's largest e-commerce brands. In the UK Urb-it has signed agreements in 2021 with key customers including Yodel and the Co-op.

Sébastien Potts, Urb-it UK Country Manager, commented:

"I am delighted that we are launching in Scotland's largest city and this is an exciting next step in our expansion across the UK in 2021. We are committed across Urb-it to providing customers with a sustainable last mile delivery solution while creating a truly customer-centric experience. We look forward to our role in making Glasgow healthier through this and establishing a strong partnership with the city and all the exciting brands located there."

For more information, please contact
Kevin Kviblad, CEO
E-post: [email protected]

About Urb-it AB (publ)

Urb-it is a Swedish logistics company and Certified B Corporation™. Powered by a robust technical platform, and its community of delivery Couriers, Urb-it offers a customer-centric end-to-end fulfilment service for e-commerce, retail and the convenience market. The company today operates in the UK and France and works with leading European brands.

The company's mission is to transform logistics with a human service that fights for the health of our cities. Delivering the last-mile exclusively on foot, bike or with cargo-bikes, Urb-it aims to reduce air pollution, noise pollution and congestion in urban areas, while providing a delivery service that exceeds customer expectations. Our Urb-it community of Couriers are carefully recruited and trained by Urb-it to provide excellent service.

The solution is available to merchants via direct API-integration as well as through a range of leading transport management systems. Services include delivering the same-day, next-day, nominated day and returns, and can be fulfilled both from the merchant's online store and physical store network.

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

www.urb-it.com

*Statista largest cities in the UK in 2020 https://www.statista.com/statistics/294645/population-of-selected-cities-in-united-kingdom-uk/

NOTICE OF EXTRAORDINARY GENERAL MEETING OF URB-IT AB (PUBL)

Urb-it AB (publ), reg. no. 556959-9755, (the "Company") holds an extraordinary general meeting on Friday 10 December 2021.


KALLELSE TILL EXTRA BOLAGSSTÄMMA I URB-IT AB (PUBL)

Urb-it AB (publ), org. nr 556959-9755, ("Bolaget") håller extra bolagsstämma fredagen den 10 december 2021.


Urb-it carries out a directed share issue to Ingka Investments of SEK 95 million

The board of directors of Urb-it AB ("Urb-it" or the "Company") has resolved on a directed issue to Ingka Investments, the investment arm of Ingka Group, the main IKEA retailer ("Ingka Investments") of 21,590,909 shares, subject to approval from an extraordinary general meeting (the "Share Issue"). The subscription price in the Share Issue amounts to SEK 4.40 per share. The Company raises SEK 95 million before transaction related costs through the Share Issue. The board of directors has also decided to postpone the announcement of the interim report for the third quarter to 29 November 2021 as part of the completion of the Share Issue.


Urb-it genomför riktad nyemission till Ingka Investments om 95 miljoner kronor

Styrelsen i Urb-it AB ("Urb-it" eller "Bolaget") har beslutat om en riktad nyemission till Ingka Investments, investeringsbolaget inom Ingka Group, den största IKEA-detaljisten, ("Ingka Investments") av 21 590 909 aktier under förutsättning av godkännande av extra bolagsstämma ("Nyemissionen"). Teckningskursen i Nyemissionen uppgår till 4,40 kronor per aktie. Genom Nyemissionen tillförs Bolaget 95 miljoner kronor före transaktionsrelaterade kostnader. Styrelsen har även beslutat att senarelägga offentliggörandet av den tredje kvartalsrapporten 2021 till den 29 november 2021 som ett led i genomförandet av Nyemissionen.



Urb-it carries out a directed share issue of approximately SEK 80 million

The board of directors of Urb-it AB ("Urb-it or the "Company") has, pursuant to the authorisation granted by the annual general meeting held on 16 April 2021, resolved on a directed issue of 18,650,000 shares at a price of SEK 4.30 per share (the "Share Issue"). The Company raises approximately SEK 80 million before transaction related costs through the Share Issue.


Urb-it genomför riktad nyemission om cirka 80 miljoner kronor

Styrelsen i Urb-it AB ("Urb-it" eller "Bolaget") har, med stöd av bemyndigande lämnat av årsstämman den 16 april 2021, beslutat om en riktad nyemission av 18 650 000 aktier till en emissionskurs om 4,30 kronor per aktie ("Nyemissionen"). Genom Nyemissionen tillförs Bolaget cirka 80 miljoner kronor före transaktionsrelaterade kostnader.


Urb-it launches its sustainable delivery services in Scotland

Expanding into Glasgow, Scotland's largest city


Urb-it strengthens its leadership team

Appointment of Chief Financial Officer & Chief Marketing Officer


Urb-it is announced as Yodel's UK National Partner

Urb-It will aid Yodel in reducing its carbon footprint in the UK by delivering through pedal power


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