Poolia AB (publ) (OM:POOL B) agreed to acquire Uniflex AB (publ) (OM:UFLX B) from a group of shareholders for approximately SEK 350 million on June 4, 2018. The merger will take place at an exchange ratio entailing that each share of class A in Uniflex will be exchanged for 1.7 new shares of class A in Poolia and each share of class B in Uniflex will be exchanged for 1.7 new shares of class B in Poolia. Until the closing of the merger, Poolia and Uniflex will act as two independent companies under the current management and Boards of Directors and Uniflex will be dissolved and its assets and liabilities transferred to Poolia when the merger has been registered. The parent company of the merged group is proposed to continue with the name Poolia AB and the merged company's shares of class B will be traded on Nasdaq Stockholm. Jan Bengtsson, Chief Executive Officer and President of Uniflex, is proposed as Chief Executive Officer and President of the merged company. The proposed Board of Directors of the merged company will be announced prior to the extraordinary general meeting, at which the implementation of the merger is intended to be approved. The intention is to propose Björn Örås as Chairman of the new Board of Directors and that the new Board of Directors shall consist of members from both Poolia’s and Uniflex’ current Board of Directors. The merger is subject to approval at the extraordinary general meeting of each of Poolia and Uniflex to be held on July 26, 2018. The merger is also conditional upon all permits and approvals of the authorities that are necessary for the merger having been obtained on terms that are acceptable for Poolia and Uniflex, that Nasdaq Stockholm has admitted the shares of class B in Poolia that constitute the merger consideration to trading on Nasdaq Stockholm, that the merger is not in whole or in part made impossible or materially impeded as a result of legislation, court rulings, decisions by public authorities or similar and that neither Poolia nor Uniflex is in breach of its undertakings pursuant to the merger. The Board of Directors of Poolia AB and Uniflex AB consider the exchange ratio to be fair and unanimously recommend their respective shareholders to approve the merger. Large shareholders representing 61.4% of the capital and 80.1% of the votes in Poolia as well as large shareholders representing 62.2% of the capital and 80.4% of the votes in Uniflex are supportive of the merger. As of July 10, 2018, the transaction has been approved and registered with the Swedish Financial Supervisory Authority. As of October 10, 2018, The Swedish Companies Registration Office granted permission to implement the merger. As a consequence of the Swedish Companies Registration Office’s permission and the future registration of the merger, Uniflex will be delisted from Nasdaq Stockholm and the last day of trading in Uniflex’ shares of class B on Nasdaq Stockholm is expected to be October 26, 2018 with final delisting occurring on November 1, 2018. The merger is expected to be completed in October 2018. SEB Corporate Finance acted as financial advisor and fairness opinion provider to Poolia's Board of Directors and Robert Nordahl, Jens Ekvall and Sara Grenmark of BDO acted as fairness opinion provider to Uniflex’ Board of Directors. Carl-Johan Pousette, Jakob Falkman, Erik Löfwall, Evelina Olsson, Sofia Falkner, Nina Sna Ahmad, Marcus Tipner and Anton Sjöberg of Hammarskiöld & Co acted as legal advisors in connection with the merger. Poolia AB (publ) (OM:POOL B) completed the acquisition of Uniflex AB (publ) (OM:UFLX B) from a group of shareholders on October 31, 2018. Uniflex AB will delist its shares of class B on November 1, 2018. As a result of the transaction, Jenny Pizzignacco and Eva Gidlöf have acceded as board members of Poolia. The Board of Directors of Poolia thus consists of Björn Örås, Dag Sundström, Anna Söderblom, Jenny Pizzignacco and Eva Gidlöf.