Geveko’s business is seasonal which generally leads to need for increased working capital in the first half of the year. The seasonal liquidity is now deemed to be secured through loans from creditors and from related parties. The following loans have been raised from related parties: SKr 10 million, Hammarplast AB, whose CEO David Bergendahl is board member of Geveko. SKr 1 million, Finn Johnsson, Chairman of the board of Geveko. SKr 0.5 million, Göran Eklund, CEO of Geveko and Stefan Tilk, Board member of Geveko, SKr 0.3 million. Göteborg, Sweden May 24, 2013 AB GEVEKO (publ) For further information please contact Göran Eklund, CEO and Managing Director Phone: +46 31 17 29 45, +46 727 32 50 54 The information provided in this report is such that AB Geveko is required to publish in accordance with the Act concerning the Securities Market and/or the Act concerning Trading in Financial Instruments. This information was released for publication on May 24, 2013 at 13.50 a.m. AB GEVEKO (publ) Company registration no: 556024-6844 P.O. Box 2137 SE-403 13 Göteborg, Sweden Tel: +46 (0) 31 172945 info@geveko.se www.geveko.se
Geveko deems seasonal funding to be secured
| Source: Geveko, AB