Better Collective

Regulatory Release 54/2023

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, 805,183 warrants remain outstanding under the 2019 warrant program, all with rights to subscribe for 1 ordinary share in Better Collective A/S 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, 244,998 warrants remain outstanding under the 2020 warrant program, all with rights to subscribe for 1 ordinary share in Better Collective A/S 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 0.26 percent for existing shareholders of Better Collective A/S.

The total share capital of Better Collective A/S following the issue is nominally EUR 553,674.18 made up of 55,367,418 shares of each EUR 0.01.