Outcome of the exercise of warrants of series TO 1
During the exercise period, 7-21 June 2023, holders of TO 1 have had the right to subscribe for one (1) new B-share in Divio at a subscription price of SEK 0.15 per share. In total, 27,431,104 warrants of series TO 1 were exercised, corresponding to a subscription rate of approximately 87.5 percent. Divio will thus receive approximately SEK 4.1 million before deduction of transaction related costs.
 
Through the exercise of TO 1, 27,431,104 B-shares are issued. Conversion from interim shares to ordinary B-shares is expected to take place around the 7th of July 2023, and ordinary B-shares are expected to be visible on each subscriber's account approximately two banking days thereafter.
 
Number of shares and share capital
The exercise of TO 1 means that the number of shares in the Company increases by 27,431,104 B-shares and the share capital increases by SEK 2,743,110.40, resulting in a dilution effect of approximately 14.2 percent of the votes and approximately 14.7 percent of the capital. When the new shares from TO 1 have been registered with the Swedish Companies Registration Office, the total number of shares in Divio will amount to 186,190,114, of which 750,000 A-shares and 185,440,114 B-shares, and the share capital will amount to SEK 18,619,011.40.
 
Advisors
In connection with the exercise of warrants of series TO 1, Sedermera Corporate Finance AB is acting as financial advisor, Markets & Corporate Law Nordic AB as legal advisor and Nordic Issuing AB as issuing agent.
 
For more information about the warrants of series TO 1, please contact:
Sedermera Corporate Finance AB
Phone: +46 (0) 40-615 14 10
E-mail: cf@sedermera.se
 
Nordic Issuing AB
Phone: +46 (0) 40 632 00 20
E-mail: info@nordic-issuing.se