Voi Technology AB (publ) announces today that it is exercising its right to conditional voluntary early redemption of outstanding bonds
Voi Technology AB (publ) ("Voi" or the "Company") has today sent a conditional notice of early redemption to all holders of Voi’s outstanding senior secured callable floating rate bonds with ISIN SE0023134952 (the "Outstanding Bonds" and the "Early Redemption").The Outstanding Bonds have a total nominal amount of EUR 90,000,000 under a framework of EUR 125,000,000.
The date for the Early Redemption will be on 19 October 2026 (the "Redemption Date"), and the record date for the redemption will be on 12 October 2026, i.e. five business days prior to the Redemption Date (the "Record Date"). The Early Redemption is conditional upon the Company successfully raising funds to be applied towards the payment of the Call Option Price and the accrued interest (the "Financing Condition").
If the Financing Condition is satisfied or waived by the Company, all Outstanding Bonds will be redeemed at the redemption price of 103.375%. of the nominal amount together with accrued but unpaid interest (the "Redemption Price"). The Redemption Price will be paid to each person who is registered as owner of Outstanding Bonds on the Record Date, or to such other person who is registered with Euroclear Sweden AB as being entitled to receive the relevant payment. Payment will be made through Euroclear Sweden AB to the bondholders’ respective Securities Accounts. In connection with the redemption, the Outstanding Bonds will be cancelled and delisted from the corporate bond list of Nasdaq Stockholm.
The notice of Early Redemption is attached to this press release and also available on Voi’s website, via the following link: www.voi.com/investor
About Us
Founded in 2018, Voi is a Swedish micromobility company offering e-scooter and e-bike sharing in partnership with towns, cities and local communities. We believe e-scooters and e-bikes can play a central role in changing how people move in our towns and cities in the future. We want to ensure that the micromobility transformation happens the right way - through real innovative technology, open and transparent dialogue with towns, cities and governments and by adapting our products to local needs. Voi’s holistic Environmental Action Plan tackles emissions and promotes renewable energy use and circularity along its supply chain.
Voi operates over 200,000 vehicles in over 130 towns and cities across 13 countries. It is headquartered in Stockholm and employs around 1,000 people. To date, Voi has served more than 500 million rides, with more than 4 million active riders annually.