Brief: Volati Board Evaluating Possible Distribution And Separate Listing Of Akademibokhandeln Business Area

Volati AB

19/02/2021 06:41

Feb 19 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI BOARD EVALUATING POSSIBLE DISTRIBUTION AND SEPARATE LISTING OF AKADEMIBOKHANDELN
BUSINESS
AREA
    * VOLATI AB - BOARD HAS DECIDED TO EVALUATE WHETHER BUSINESS AREA IS BETTER PLACED TO
ACCELERATE
ITS GROWTH-ORIENTED WORK AS AN INDEPENDENT COMPANY.
    * VOLATI AB - IT IS BOARD'S INTENTION TO COMPLETE EVALUATION DURING SPRING 2021
    * VOLATI AB PURPOSE IS TO PROVIDE AKADEMIBOKHANDELN AND BOKUS WITH BEST POSSIBLE CONDITIONS
TO
INCREASE GROWTH RATE FOR THEIR DIGITAL CHANNELS
    * VOLATI AB - INTENTION IS THAT NEW COMPANY'S SHARES WILL BE LISTED SEPARATELY
    * VOLATI AB ANY DECISION ON DISTRIBUTION OF SHARES IN AKADEMIBOKHANDELN WILL BE MADE BY
VOLATI'S
GENERAL MEETING.
    * VOLATI AB - TO EVALUATE AND CREATE CONDITIONS FOR AN INDEPENDENT COMPANY BASED ON
AKADEMIBOKHANDELN BUSINESS AREA, AND A DISTRIBUTION OF VOLATI'S SHARES IN COMPANY TO VOLATI'S
ORDINARY SHAREHOLDERS IN ACCORDANCE WITH "LEX ASEA" RULES

Source text for Eikon:  ID:nWkr4XT9GD 
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