The shareholders of Qred Holding AB (publ), Reg. No. 559031-0685 (the "Company"), has at an extraordinary general meeting today approved the proposal from the Company’s Board of Directors, announced on 24 August 2020, to raise SEK 40,000,000 through a directed share issue of 400,000 common shares at a subscription price of SEK 100 per share (the “issue”). The issue is directed to, and has been fully subscribed by, the new investor International One Design Group AB.