Scandic Hotels Converts Bonds into Shares, Reducing Outstanding Debt

Scandic Hotels Group AB (publ), the leading hotel company in the Nordic region, has converted SEK 176.5 million of its convertible bonds into shares. This conversion significantly reduces the outstanding debt, further strengthening Scandic’s financial position. The company remains committed to sustainable practices and providing an exceptional experience for guests and employees.

Scandic Hotels Holds Annual General Meeting

Scandic Hotels conducted its annual general meeting on May 16, 2024, with shareholders, proxies, and third parties participating both physically and through advance postal voting. The meeting resulted in the approval of all proposals presented by the board of directors and nomination committee.

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