NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO,
The Board of Directors of
Summary
- The Rights Issue comprises a maximum of 140,990,205 units where each unit consists of one (1) ordinary share and one (1) warrant series TO 9 free of charge.
- One (1) existing ordinary share in the Company on the record date entitles to three (3) unit rights. Fourteen (14) unit rights entitle to subscription of one (1) unit.
- One (1) warrant series TO 9 will entitle the holder to subscribe for one (1) new ordinary share in the Company.
- The subscription price is
SEK 1.07 per unit, corresponding toSEK 1.07 per ordinary share, which, assuming that the Rights Issue is fully subscribed, results in the Company initially receiving proceeds of approximatelySEK 150.9 million before issue costs. - If the Rights Issue is oversubscribed, the Board of Directors of the Company may carry out an over-allotment issue of a maximum of 93,457,944 units, corresponding to initially approximately
SEK 100.0 million before issue costs, directed to investors who have subscribed for units in the Rights Issue without receiving full allotment (the “Over-Allotment Issue”). The subscription price in the Over-Allotment Issue will be the same as in the Rights Issue. - Major shareholders have expressed their support for the Rights Issue through subscription undertakings amounting to approximately
SEK 59.8 million , corresponding to approximately 40 percent of the Rights Issue.
Complete terms and conditions for the Rights Issue and the Over-Allotment Issue are available in the Prospectus published by the Company on its website, www.alligatorbioscience.se/en.
The Prospectus
The Prospectus has been prepared in connection with the forthcoming Rights Issue and has today, on
Timetable for the Rights Issue
Publication of the Prospectus | |
Last day of trading incl. preferential rights | |
First day of trading excl. preferential rights | |
Record date in the Rights Issue | |
Trading in unit rights | |
Subscription period | |
Trading in paid subscribed units (“BTU”) | |
Around | Estimated publication of outcome in the Rights Issue and potential exercise of the Over-Allotment Issue |
Advisers
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