WARRANTS IN STAYBLE
In connection with the listing on Nasdaq First North during Q1 2020, a unit issue of SEK 35 million was carried out, which included warrants of series TO1.
Each warrant of series TO1, entitles to subscribe for a new share in the Company during the period from and including 17 November to and including 1 December 2020. The subscription price has been set to SEK 12,30 which is in the range of the terms and condition in the prospectus that was published in connection with the issue of units.
Issue size: 2,580,000 warrants of series TO1, which entitles to subscription of 2,850,000 shares. If all the warrants are exercised, The Company will receive approximately SEK 35 million before issue cost.
Last day for trading warrants of series TO1: November 25, 2020.
Note that the warrants that are not sold at the latest November 25, 2020, or exercised at the latest December 1, 2020, will expire without value. For the warrants not to lose their value, the holder must actively subscribe for new shares or sell the warrants.
How warrants are exercised
Nominee-registered warrants (Custody account)
Subscription and payment by exercise of warrants shall be made in accordance with instructions from each nominee. Please contact your nominee for additional information.
Direct-registered warrants (Securities account)
No accounts for issuing nor any instructions regarding payments will be sent out. Subscriptions will be made through simultaneous payment in accordance with the instructions on the application form. The warrants will then be replaced by interim shares awaiting registration at the Swedish Companies Registration Office.
Mangold Fondkommission AB is the financial adviser and the Lawfirm Schjødt AS is the leagel adviser to Stayble regarding the warrents.
For questions regarding the warrants, please contact:
Mangold Fondkommission AB
Tel: +46 8 5030 1595
Complete terms and conditions (in Swedish) for the Warrants are available below.
More info can be found on the Swedish site, here