Change in number of shares in Bilia AB and reduced holdings of own shares

As previously announced, the AGM of Bilia AB on 7 April 2022 resolved to reduce the share capital by withdrawal of 6,500,000 own shares, previously repurchased by the company, and increasing the share capital through a bonus issue.

These decisions have now been implemented through registration with the Swedish Companies  Registration Office (Bolagsverket) on May 3 2022 and the number of shares in the company now amounts to 96,299,952 instead of as before 102,799,952. The share capital amounts (unchanged) to SEK 256,999,880. Bilia's holding of own shares as of May 3 2022 thus amounts to 3,008,395 shares corresponding to 3.1 per cent of the total number of shares and votes in the company. Due to Bilia reducing its holding in own shares, the company will send in a flagging notification to the Swedish Financial Supervisory Authority (Finansinspektionen) that the company's shareholding is less than 5 per cent of the number of shares and votes in the company.

Gothenburg, May 4, 2022

Bilia AB (publ)

For information please contact:
Carl Fredrik Ewetz, Investor Relations, +46 (0)10 497 07 73, [email protected]
Per Avander, Managing Director and CEO, +46 (0)10 497 70 00, [email protected] 
Kristina Franzén, CFO, +46 (0)10 497 73 40, [email protected]

This is information that Bilia AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act (1991:980). The information was submitted for publication, through the agency of the contact persons set out above, on 4 May 2022, at 15:30 CEST.

Facts about the Bilia Group

Bilia is one of Europe's largest car dealers with a leading position within service and sales of cars, transport vehicles and trucks. Bilia has about 150 facilities in Sweden, Norway, Luxembourg and Belgium. Bilia sells cars of the brand Volvo, BMW, Toyota,
Mercedes-Benz, Renault, Lexus, MINI, Porsche, Nissan, Dacia, Smart and Alpine and transport vehicles of the brand Renault, Toyota, Mercedes-Benz, Nissan and Dacia and trucks of the brand Mercedes-Benz.

Bilia has today a fully expanded business with sales of new cars, e-commerce, spare parts and store sales, service and repair workshops, tyres and car glass and financing, insurance, car washes, fuel stations and auto salvage under the same roof, which gives a unique offer.

Bilia reported a turnover of about SEK 35 bn in 2021 and had about 5,300 employees.

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• Change in number of shares in Bilia AB and reduced holdings of own shares