Stockholm, Sweden– 21 October 2020 – Cyber Security 1 AB (Publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) announces that it today has secured a loan to provide operating capital to the ongoing restructuring process.

The loan, of in total €120,000, to the Company is undertaken by four existing shareholders, Marlo Finance B.V, KAV Invest Holding AG, JFG Capital B.V and Ramphastos Participaties Coöperatief U.A at an interest rate of 4% p.a.

The loan is to be repaid by the Company in full by the 31st December 2022 and will not carry any interest for the first year of the term and any accrued interest thereafter is required to be paid only on the date of the final repayment of the loan.
The loan will constitute general rights of priority (Sw. allmän förmånsrätt) according to the Rights of Priority Act (Sw.förmånsrättslagen) Attorney David Rutegård, Law Firm Carler, the Administrator of the corporate restructuring proceedings, has approved the taking on of this loan by the Company.