As previously announced, the board of directors of
As previously announced through a press release on
The record date to receive warrants of series TO1 has been set for
Each shareholder will receive one (1) warrant of series TO1 for every two (2) shares owned in the Company on the record date. In the event that a shareholder’s holding of shares is not directly divisible by two (2), the number of warrants shall be rounded down.
Terms and information regarding warrants of series TO1
A total of 3,692,805 warrants of series TO1 will be issued, of which 900,000 will be issued to investors in the directed issue, 300,000 to the lender and 2,492,805 issued to current shareholders in the Company.
Each warrant of series TO1 will give the holder the right to subscribe for one (1) new share in Kollect at a subscription price corresponding to 70 percent of the average volume-weighted share price according to Nasdaq First North Growth Market’s official price statistics during the period from
Warrants of series TO1 will, upon full exercise, give the Company the opportunity to raise up to a maximum of approximately
Upon full exercise of the warrants of series TO1, the dilution will amount to approximately 38.6 percent, in proportion to the number of shares after the registration of the directed issue.
The Company will apply for admission for trading the warrants of series TO1 on Nasdaq First North Growth Market as soon as it is possible after the registration of the directed issue and the allotment to current shareholders and the lender has been completed.
Advisers
___________
The Board of directors
N.B. This English text is an unofficial translation of the Swedish original of the press release, and in case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.
For more information about Kollect:
John O’Connor, CEO
E-mail: john@kollect.ie
Telephone: +353 871 218 907
www.kollect.ie
Certified Adviser
Telefon: + 46 8 5030 1550
E-post: CA@mangold.se
About Kollect
Founded in
The Company services two types of customers: those who arrange to have waste collected via the online Kollect booking engine; and those who use BIGbin smart compactor bins for waste drop-off.
Waste collection services include domestic door-to-door bin collection, commercial bin collection, skip (container) hire, skip bags and junk removal such as furniture and other large objects.
For more information, visit www.kollect.ie.
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