Exercise of subscription warrants in Swedish Stirling
In total, 7 subscription warrants have been exercised to subscribe for 70,000 new shares in Swedish Stirling AB (publ), whereby Swedish Stirling has received approximately SEK 160,000. Following the exercise, all subscription warrants within Swedish Stirling's warrant program have been exercised.
In accordance with the company's warrant program, resolved by the extraordinary general meeting held on 10 October 2014, a total of 7 subscription warrants have been exercised to subscribe for 70,000 new shares in Swedish Stirling (the "Exercise"). Through the Exercise, Swedish Stirling has received approximately SEK 160,000.
Each subscription warrant in the warrant program entitles the holder to subscribe for 10,000 new shares for a subscription price of approximately SEK 2.30 per new share. The subscription period runs from and including 1 November 2017 until and including 31 October 2021. Following the Exercise, all 464 subscription warrants within the warrant program have been exercised.
As a result of the Exercise, Swedish Stirling's share capital will increase by SEK 700 from SEK 1,283,492.53 to SEK 1,284,192.53 and the number of shares and votes in the company will increase with 70,000 shares and votes from 128,349,253 shares and votes to 128,419,253 shares and votes, corresponding to a dilution of approximately 0.05 percent of the total number of shares and votes in Swedish Stirling.