Avida Holding AB today announced that the Company has successfully completed a private placement with
approximately NOK 150 million in gross proceeds by issue of 4,000,000 new shares, each with a par value of
SEK 0.10, at a price of NOK 37.50 per share (the “Private Placement”). The net proceeds will be used for
further growth of the Company and for general corporate purposes.
The Private Placement, which represents approximately 7.5 percent of the current outstanding share capital,
received strong interest from both existing shareholders as well as new high quality institutional investors.
About Avida Holding AB
Avida Finans is a credit market company that since 1983 has offered financial solutions and services to
individuals and companies in Sweden, Norway and Finland. We currently have about 120 employees, with
offices in Stockholm, Oslo and Helsinki.
Our business model is to offer businesses and individuals financial services through simple and modern
solutions. We strive for satisfied customers by being innovative, enthusiastic and competent. We have a
high focus on having modern technical solutions that benefit our customers
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