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2020-10-02

The Danish Formula One driver Kevin Magnussen have undertaken to subscribe to 580.000 shares in Omnicar Holding AB

The issue price is based on 10 days weighted average - minus 8% discount

The reason for the deviation from the shareholders' preferential rights is mainly to strengthen the Company's financial position in a short and cost-effective timeframe

Claus T Hansen says "Since Kevin Magnussen and Omnicar have joined forces we are very pleased that Kevin Magnussen want to show Omnicarservice this commitment. With this issue we are now more than just partners, but both have a mutual interest in Omnicar. As part of the partnership, Kevin Magnussen will help ensure that Omnicarservice maintains its high-quality standards and, to the extent possible, facilitate access to his extensive network. In the periods when Kevin Magnussen is not busy with Formula 1, he will play a valuable role in providing business development input and ideas"

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