Phase Holographic

Outcome of the exercise of warrants of series TO 4

During the exercise period, 12 september-3 October 2024, holders of TO 4 had the right to subscribe for one (1) new share in PHI at a subscription price of SEK 4.63 per share. In total, 1,129,513 warrants of series TO 4 were exercised, corresponding to a subscription rate of approximately 83.9 percent. PHI will thus receive approximately SEK 5.2 million before deduction of transaction related costs.

Conversion from interim shares to ordinary shares is expected to take place around 18 October 2024, and ordinary shares are expected to be visible on each subscriber's account approximately two banking days thereafter.

Number of shares and share capital

The exercise of TO 4 means that the number of shares in the Company increases by 1,129,513 shares and the share capital increases by SEK 225,902.60, resulting in a dilution effect of approximately 4.1 percent. When the new shares from TO 4 have been registered with the Swedish Companies Registration Office, the total number of shares in PHI will amount to 27,322,438 and the share capital will amount to SEK 5,464,487.60.

Advisors

In connection with the warrant exercise, PHI has engaged Sedermera Corporate Finance AB as financial advisor, Foyen Advokatfirma i Sverige AB as legal advisor and Nordic Issuing AB as issuing agent.

For more information about the warrants, please contact:
Sedermera Corporate Finance AB
Tel: +46 (0)40 615 14 10
E-mail: cf@sedermera.se
Web: www.sedermera.se