BoMill

CEO's comment

"We are excited by the support and confidence of our existing and new shareholders. Our BoMill InSight™ solution gets strong interest from the industry and it is fantastic to see, through the outcome of this Rights issue, that our owners are convinced, as we are, of its commercial potential.", comments Andreas Jeppsson, CEO.

Breakdown of the subscription

The ordinary general meeting of BoMill resolved April 12,2024 on the wholly guaranteed Rights Issue of a total number of a maximum of 27 917 442 shares with a maximum issue amount of approximately SEK 16.8 million before transaction costs.

The outcome of the Rights Issue shows that 26 962 308 shares were subscribed for with the support of subscription rights, corresponding to approximately 96.6 percent of the Rights Issue, and 8 289 101 shares were subscribed for without the support of subscription rights, corresponding to approximately 29.7 percent of the Rights Issue. In total, 35 251 409 shares were subscribed for with and without support of subscription rights with an issue amount of SEK 21 150 845.40, corresponding to approximately 126.3 percent of the Rights Issue. Thus, the Rights Issue was oversubscribed, and no guarantee undertaking will be utilized.

BoMill will receive a total issue amount of approximately SEK 16.8 million before transaction costs through the Rights Issue.

Notice of allotment and payment

Allotment of shares will be carried out in accordance with the principles set out in the EU growth prospectus published by the Company on April 23, 2024 (the "Prospectus").

Notice of allotment to subscribers that have subscribed for shares without subscription rights is expected to be sent by e-mail on May 17, 2024 as a contract note. Allotted shares shall be paid for in cash in accordance with the instructions on the contract note.

Only those who have been allotted shares will be notified. Subscribers who have subscribed for shares through a nominee will receive notification of allotment and payment instructions in accordance with the respective nominee's routines.

Change in the number of shares, share capital, and dilution

The Rights Issue implies that the number of shares in the Company will increase by 27 917 442 shares to a total of 120 975 582 shares. After registration of the Rights Issue with the Swedish Companies Registration Office (Sw. Bolagsverket), the Company's share capital will increase by SEK 307 091.862 to a total of SEK 1 330 731.402. The dilution from the Rights Issue amounts to approximately 23.1 percent of the total number of shares and votes in the Company.

Trading in BTA

Trading in paid subscribed shares ("BTA") that are received through subscription in the Rights Issue will take place on Nasdaq First North Growth Market until the Rights Issue has been registered with the Swedish Companies Registration Office. Registration with the Swedish Companies Registration Office is expected to take place during week 23, 2024. Thereafter will the BTAs, approximately a week later, be converted to ordinary shares.

Issuer agent

Nordic Issuing acts as the issuer agent in connection with the Rights Issue.