NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREAS, SWITZERLAND OR IN THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), OR ANY OTHER JURISDICTION WHERE SUCH ACTION WOULD BE UNLAWFUL, REQUIRE REGISTRATION OR ANY OTHER MEASURES OTHER THAN AS SET OUT IN APPLICABLE LAW.
This section of Speqta AB's (the "Company") website and the information contained herein is not intended for, and may not be accessed by, or distributed or disseminated to, persons resident or physically present in Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, South Korea, Switzerland or the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, the "United States"), and do not constitute an offer to sell or the solicitation of an offer to purchase or acquire, any securities of the Company in any of the above mentioned jurisdictions or in any other jurisdiction in which such offer or solicitation would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities of the Company referred to on this website have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act.
All persons residing outside of the above mentioned jurisdictions who wish to access the documents contained on this website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this website, or require registration or approval for any acquisition of securities by them. The Company assumes no responsibility if there is a violation of applicable law and regulations by any person.
If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this website.
Access to electronic versions of these materials is being made available on this website by the Company in good faith and for information purposes only.
By clicking "Confirm" you confirm and certify that:
- You are not a resident of or physically present in any of the above jurisdictions or any other restricted jurisdiction and are not a U.S. person (as defined in Regulation S under the U.S. Securities Act); and
you are either:
- a resident of, or physically present in, Sweden;
- if resident or physically present in a Member State of the European Economic Area other than Sweden, a qualified investor as defined in Regulation (EU) 2017/1129 of the European Parliament and of the Council (as amended); or
- otherwise authorized to access this information pursuant to applicable laws or regulations.
Mytaste Group refinance existing financing arrangements
Mytaste Group has entered a financing agreement with Nordea Bank. This agreement concerns a refinancing of Mytaste Group’s existing financing arrangements and will support Mytaste Group’s strategy to grow organically and through acquisitions. The bank financing is accumulated to SEK 20 million and with the potential to get additional bank financing on upcoming acquisitions, on a case by case basis subject to approval from Nordea Bank.
The bank financing consists of a bank loan of SEK 20 million and an agreement on a so-called cash credit facility of SEK 4 million with a cash pool for efficient cash management within the Group and its subsidiaries. These central agreements replace current scattered credit agreements and cash credit facilities from banks and other lenders.
The new bank financing runs for five years and strengthens Mytaste Group‘s maneuverability of continued acquisitions and growth.
"We are pleased to have reached this agreement, which contributes to Mytaste Group’s financial stability and long-term strategy with the Nordea Bank financing agreement. The intention with the financing agreement is for Mytaste Group to be able to materialize on the opportunities that are in front of us", says Andereas Friis, CEO.
Mytaste Group will as part of the bank financing review current debt on the balance sheet and optimize the interest-bearing debts in line with the most efficient way for Mytaste Group.
The information was submitted for publication on 24 April, 2019 at 13:00 CET.
For more information see: investor.mytaste.com:
CEO / Founder myTaste AB (publ)
+46 (0) 739 944 670
About Mytaste Group
Mytaste Group is a digital media house that owns and operates a leading international advertising network as well as a number of digital products and services within performance-based marketing of e-commerce stores. Mytaste Group has two business areas: Mytaste Shopping and Mytaste Food & Beverage. The company is listed on Nasdaq First North Premier in Stockholm under the ticker "Taste".
Arctic Securities is the Company's Certified Adviser, telephone number: +46 8 44 68 60 87,