Today on 14 March, Kollect on Demand Holding AB (publ) (“Kollect” or “the Company”) announces it has drawn down an additional €500K loan from its existing facility with InvoiceFair. The terms of the loan remain unchanged.

John O’Connor CEO said “I was delighted to agree the extension of the existing loan agreement, from InvoiceFair, with whom we have had a strong relationship with for more than 5 years. This financing will continue to support us as we grow the business and head towards profitability”

For further information, please contact John O’Connor at IR@kollect.ie

For more information about Kollect:
John O’Connor, CEO
E-mail: IR@kollect.ie
Telephone: +353 871 218 907
www.kollect.ie

Certified Adviser
Mangold Fondkommission AB
Telefon: + 46 8 5030 1550
E-post: CA@mangold.se

About Kollect

Founded in Waterford, Ireland, Kollect is an innovator and disruptor in the waste industry listed on the Nasdaq First North Growth Market (symbol: KOLL). Mangold Fondkommission AB is the Company’s acting Certified Adviser (Tel. + 46 8 5030 1550, CA@mangold.se, www.mangold.se).

The Company services two types of customers: those who arrange to have waste collected via the online Kollect booking engine; and those who use BIGbin smart compactor bins for waste drop-off.

Waste collection services include domestic skip (container) hire, skip bag hire and junk removal such as furniture and other large objects.

For more information, visit www.kollect.ie.

© Modular Finance, source Nordic Press Releases