ExpreS2ion announces exercise of 2019 warrant program

At an Extra General Meeting in ExpreS²ion held on May 23, 2019, it was resolved to issue warrants as part of an incentive program for employees (“the 2019 Warrant Program”, or “TO2"). The program comprised a total of 680,100 warrants, where one (1) warrant entitled to subscription of one (1) share in the Company. 612,084 were subscribed for and allocated to the employees. The warrants stipulated a subscription price of SEK 4.81 per share. The TO2 exercise period is in three months from June 1 through August 31 and is carried out in three tranches during the respective months. The 167,394 warrants cover the first of the three tranches.

Number of shares, share capital and dilution

The new shares in the first tranche have now been registered by the Swedish Companies Registration Office (Sw. Bolagsverket). The number of shares in ExpreS²ion has increased by 167,394, from 36,994,712 to 37,162,106 shares. The total share capital amounts to SEK 4,129,122.90. The dilution effect for the company's existing shareholders amounted to approximately 0.45 percent.

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