At the Extraordinary General Meeting in ITAB Shop Concept AB (publ), the shareholders resolved, in accordance with the proposal of the board of directors, to approve that ITAB enters into short-term shareholders' loans with Pomona-gruppen AB (controlled by board member Fredrik Rapp), VIEM Invest AB (controlled by board member Anna Benjamin) and Övre Kullen AB (controlled by board member Petter Fägersten).

The loans equals a total of SEK 140 million and the running interest is the same as in the previously announced Nordea credit facility and cannot be less than 4.00 per cent per annum.

 

The information was published for public disclosure on July 22nd, 2020 at 1pm CEST through the agency of the contact person set out above.
 

For further information, please contact:
ITAB Shop Concept AB 
CEO Andréas Elgaard
Telephone:  +46 36 31 73 00
Mobile:    +46 73 232 16 35
Box 9054, SE-550 09 JÖNKÖPING   
Telephone: +46 36 31 73 00
itab.com, itabgroup.com 

AT ITAB we help customers turn consumer brand experience into physical reality with our know-how, solutions, and ecosystem of partners. We co-create with our customers, efficient retail solutions that deliver convenient and inspiring consumer experiences. The offer includes consultative design services, custom-made interiors, checkout systems, consumer guidance solutions, professional lighting systems and interactive digital solutions for the physical store. ITAB has approximately 3,200 employees and net sales in 2019 amounted to MSEK 6,064. The company's B share is listed on Nasdaq Stockholm.

https://news.cision.com/itab-shop-concept/r/communique-from-extraordinary-general-meeting-in-itab-shop-concept-ab--publ--on-22-july-2020,c3158285

https://mb.cision.com/Main/862/3158285/1282493.pdf

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