Bifogade filer
Exercise of warrants in Better Collective A/S; Board of Directors issues 54,287 new ordinary shares
Prenumeration
Beskrivning
| Land | Danmark |
|---|---|
| Lista | Large Cap Stockholm |
| Sektor | Sällanköp |
| Industri | Betting |
In the exercise window which opened on 22 May 2024 following Better Collective A/S’ (“Better Collective” or the “Company”) Q1 2024 report and closed on 5 June 2024, eight employees have informed the Company that they wish to exercise 40,787 warrants under the 2019 warrant program (not counting the 150,000 cash settled warrants referred to in regulatory release no. 25/2024) and 13,500 warrants under the 2020 program.
Regulatory Release 27/2024
For the 2019 warrant program, reference is made to schedule 3 of the Company’s articles of association for detailed terms of conditions of the warrants. Following the exercise (and cash settlement of warrants referred to in regulatory release no. 25/2024), 565,521 warrants remain outstanding under the 2019 warrant program, all with rights to subscribe for 1 ordinary share in Better Collective against payment of an exercise price of DKK 64.78 per warrant.
For the 2020 warrant program, reference is made to schedule 3 of the Company’s articles of association for detailed terms of conditions of the warrants. Following the exercise, 190,999 warrants remain outstanding under the 2020 warrant program, all with rights to subscribe for 1 ordinary share in Better Collective against payment of an exercise price of DKK 106.35 per warrant.
Today Better Collective’s Board of Directors resolved to carry out the capital increase related to the exercise of warrants.
The new shares will be issued through Euronext Securities under the Company's ordinary ISIN DK0060952240 and be listed and tradable on Nasdaq Stockholm and Nasdaq Copenhagen following registration of the new share capital with the Danish Business Authority.
The new shares will entail a dilution of approximately 0.09 percent for existing shareholders of Better Collective.
Pursuant to section 32 of the Danish Capital Markets Act, Better Collective hereby announces that after registration of the share capital increase, the share capital of the Company amounts to nominally EUR 629,537.92 made up of 62,953,792 shares of each EUR 0.01. The total number of voting rights in Better Collective is 62,953,792.
An updated version of the Articles of Association (when registered with the Danish Business Authority) can be found at www.bettercollective.com.