12 October 2020: The boards of Avida Holding AB ("Holding") and Avida Finans AB (publ) ("Finans"), respectively, announced on 26 June 2020 the resolutions to carry out a downstream merger of Holding into Finans (the "Merger"). All registered shares in Holding are covered by the Merger. 

The shares of Holding will be de-listed in connection with the completion of the Merger, which was resolved by the extraordinary general meeting of Holding on 4 August 2020 and will thus no longer be traded on NOTC. Today, Holding submitted the application for de-listing of the shares from NOTC. Last day of trading will be announced when Holding has received confirmation thereof from NOTC.  

Advisor
DLA Piper is acting as legal adviser to Holding in connection with the de-listing and the Merger.

For further information please contact: 
Geir Langfeldt Olsen, Chairman of Avida, Telephone: +34 637 496 224. E-mail: geir@andenesinvestments.com

Tord Topsholm, CEO at Avida, Telephone: +46 72-402 44 35. E-mail: tord.topsholm@avida.se

The information was submitted for publication, by the above contact persons, on 12 October 2020, at 12.00 CEST.

About Avida: 
Avida is a credit market company that since the start in 1983 has focused on offering loans to individuals and corporates. We are currently about 120 employees, with headquarters in Stockholm and offices in Oslo and Helsinki. We are building a high growth and high-quality business that will not tail off in growth and we have a growth target of SEK10bn loan book by 2020. At Avida we are not like everybody else in this business, we will always go that extra mile to help our customers turn their plans into reality and we promise that we always give our customer the proper attention and the chance to get the financing they need. 
Avida is under the supervision of the Swedish Financial Supervisory Authority and our share is listed on NOTC, Oslo stock exchange and like all Swedish banks and credit market companies, we are covered by the state deposit insurance.