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2016-12-14

Intrum Justitia AB: Intrum Justitia's Extraordinary General Meeting

The General Meeting has approved the merger with Lindorff.

On November 13, 2016 the Board of Directors of Intrum Justitia reached
an agreement with Nordic Capital Fund VIII on a combination between
Intrum Justitia and Lindorff. The transaction was announced publicly
on November 14, 2016. A supplementary agreement was concluded between
the parties on December 13 2016. Among other things, the merger is
conditional on the approval of Intrum Justitia's shareholders at an
Extraordinary General Meeting.

Today's Extraordinary General Meeting resolved, with the requisite
majority, to approve the Board of Directors' decision to acquire
Lindorff in accordance with the conditions specified in the revised
draft decision. Consequently, the General Meeting has approved the
combination with Lindorff. The Meeting also resolved to authorize the
Board, for the period until the next Annual General Meeting, to
approve the issuance of new shares as compensation for the shares in
Lindorff. The number of new shares to be issued shall not exceed the
number of shares equivalent to 45 percent of the total number of
shares outstanding in the Company after the issue.

The implementation of the transaction is subject to the approval by
the regulatory authorities in the relevant jurisdictions as well as
by the EU Competition Authorities. The transaction is expected to be
completed during the second quarter of 2017, depending on the time
needed to secure the aforementioned regulatory approvals.

"The merger between Intrum Justitia and Lindorff creates an actor with
a unique position in the credit management market. The industrial
logic in combining these two individually strong companies is clear
and will generate significant value for shareholders in the future. I
am glad that the Meeting resolved to approve the transaction I and
look forward, along with the rest of the Board, to the continued
process," says Lars Lundquist, Chairman of the Board of Intrum
Justitia.

Minutes
The minutes of the Meeting will be posted on the company's website
within two weeks.

For further information, please contact:

Lars Lundquist, Chairman of the Board, tel: +46 (0)8 546 102 02

Mikael Ericson, President and CEO, tel: +46 (0)8 546 102 02

Intrum Justitia is Europe's leading Credit Management Services (CMS)
group, offering comprehensive services, including purchase of
receivables, designed to measurably improve clients' cash flows and
long-term profitability. Founded in 1923, Intrum Justitia has some
3,850 employees and operations in 19 markets. Consolidated revenues
amounted to about SEK 5.6 billion in 2015. Intrum Justitia AB is
listed on Nasdaq Stockholm since 2002. For further information,
please visit www.intrum.com

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http://news.cision.com/intrum-justitia-ab/r/intrum-justitia-s-extraordin...
http://mb.cision.com/Main/8612/2149789/603687.pdf

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