Phase Holographic

In the Spring of 2022, PHI carried out a rights issue which brought the Company approximately SEK 57.6 million before issue costs. Through the rights issue, 1,346,162 warrants of series TO 4 were issued. Each TO 4 entitles the holder to subscribe for one (1) new share in PHI during the exercise period, which runs September 12-October 3, 2024. The exercise price for TO 4 has been set at SEK 4.63 per share. In the event of full utilization of warrants of series TO 4, approximately SEK 6.2 million will be added to the Company before issue costs.

Complete terms and conditions for warrants of series TO 4 are available on the Company's website (www.phiab.com). An information sheet containing summary information about the warrant exercise is also available on PHI’s, Sedermera Corporate Finance AB's (www.sedermera.se) and Nordic Issuing AB's (www.nordic-issuing.se) respective websites.

TO 4 in short

• Exercise price: Each TO 4 entitles the warrant holder to subscribe for one (1) new share in PHI at a price of SEK 4.63 per share.
• Issue volume: There are 1,346,162 issued TO 4. At full utilization of TO 4, PHI receives approx. SEK 6.2 million before issue costs.
• Number of outstanding shares prior to warrant exercise: 26,192,925 shares.
• Short name and ISIN: TO 4 are traded at Spotlight Stock Market under short name “PHI TO 4” and with ISIN SE0017766462.

Important dates

• 12 September 2024: Exercise period commences
• 1 October 2024: Last day of trading in TO 4
• 3 October 2024: Exercise period ends
• 4 October 2024: Planned date for publication of outcome of the exercise
• 18 October 2024: Planned date for change from interim shares to shares

Shares and share capital

Upon full utilization of TO 4, the number of shares in PHI will increase by 1,346,162 shares to a total of 27,539,087 shares and the share capital will increase by SEK 269,232.40 to SEK 5,507,817.40. The dilution at full utilization amounts to approximately 4.9 percent of the capital and votes.

Advisors

In connection with the warrant exercise, PHI has engaged Sedermera Corporate Finance AB as financial advisor, Markets & Corporate Law Nordic AB as legal advisor and Nordic Issuing AB as issuing agent

For 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