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SaveLend Group announces the outcome of the option redemption, receives SEK 17.9 million

MARKN.

SaveLend Group AB (publ) (“the Company" or "SaveLend Group”) is provided with SEK 17.9 million and increases the number of shares by 1,952,423 shares to 53,553,250 shares through the redemption of warrants. The share capital thus increases by SEK 44,373.25 to a total of SEK 1,217,119.34.

On December 12, the redemption period in SaveLend Group's incentive program W2019-2022D for the board, key persons and employees ended. In total, 177,493 options issued in 2019 after recalculation have resulted in the allocation of 1,952,423 shares. The options had a subscription price of SEK 9.16 per share.

"A statement of strength in the market we are in, and with this, we have enough capital to become cash flow positive," says Ludwig Pettersson, CEO of SaveLend Group.

After the subscription, there are 1,140,788 options issued from the 2021 incentive programs and 1,595,901 options issued in the 2022 incentive programs.

For further information:

Ludwig Pettersson, CEO SaveLend Group AB
Phone: +4673-073 12 81
Email: ludwig.pettersson@savelend.se
www.savelendgroup.se

Certified Adviser
Corpura Fondkommission AB
Phone: +4676-853 28 22
Email: ca@corpura.se
www.corpura.se 

About SaveLend Group:

SaveLend Group AB, 559093–5176, is a fintech company with approximately 75 employees and offices in Sweden, Finland and Poland. The business is based on the savings platform SaveLend and the billing platform Billecta.

The savings platform makes it possible for savers to get yield through saving in credits, such as SME, real estate, consumer credit and factoring in both SEK and EUR. The billing platform consists of a complete billing system containing, among other things, accounts receivable, notification and financing solutions.

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SaveLend Group announces the outcome of the option redemption, receives SEK 17.9 million

Datum 2022-12-14, kl 08:30
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SaveLend Group announces the outcome of the option redemption, receives SEK 17.9 million
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