Creturner Group
Record date for issuance of warrants to existing shareholders
Xpecunia Nordic AB's Board has informed on 2022-08-18, that by using the mandate from a registered authorization granted on 2022-03-31, the Board has decided to issue warrants to existing shareholders in Xpecunia Nordic AB.
Xpecunia Nordic AB's Board has, by using the mandate from a registered authorization granted on 2022-03-31, decided to issue warrants to existing shareholders in Xpecunia Nordic AB. One warrant is obtained for every 8 shares held.
Record date for the right to receive warrants is 2 September 2022. Last day of trading in the company share including right to receive warrants is 31 August 2022. First day of trading excluding the right to recieve warrants is 1 September 2022.
Purpose & use of capital
The free warrants being issued are intended to offer some compensation to existing shareholders in Xpecunia for the dilution that may occur due to the proposed acquisition of Creturner International AB. Proceeds that can be obtained amount to a maximum of approximately SEK 16 million and are planned to be used to strengthen the Company's balance sheet and other strategic investments.
Warrant conditions
Warrant of series 2022/2023 (TO2)
Terms | Shareholders in Xpecunia receive one (1) warrant for every eight (8) shares held. One (1) warrant gives the right to subscribe for one (1) new share. |
Excercise period | 23 January – 15 February 2023 |
Excercise price | 70% of the volume-based average market price over the 5 trading days preceding the subscription period, however not lower than the quota value and not greater than 5 SEK per share. |
Number of warrants | 4 573 109 |
Issue amount at maximum subscription | About SEK 16 million |
Trading in the warrants
Xpecunia intends to apply for listing of the warrants. Trading date will be communincated when this information is finalised.
ISIN
SE0018536294
Share capital and dilution
If all warrants are exercised, the share capital will increase by SEK 120,344.98 from SEK 962,759.93 to SEK 1,082,824.91. The number of shares in Xpecunia will increase by 4,573,109 from 36,584,876 to 41,157,985. This is based on the share capital and the number of shares that are registered as of today, 2022-08-26.
Contact information
CEO: Daniel Moström – +46-70-7446901
daniel.mostrom@xpecunia.com
Address: Taptogatan 6, 115 27 STOCKHOLM, Sweden
www.xpecunia.com
Xpecunia Nordic AB (publ) company registration number: 559152-3013
Datum | 2022-08-26, kl 11:50 |
Källa | MFN |
