On 31 March 2020, the annual general meeting of XVIVO Perfusion AB (publ) (“XVIVO”) resolved to issue up to 408,000 warrants of series 2020/2022 to employees of XVIVO and XVIVO’s Swedish subsidiaries. The application period to subscribe for warrants ended on September 23, 2020 and a total of 374,000 warrants were subscribed for.

Employees who have subscribed for warrants have paid an option premium corresponding to the market value calculated in accordance with the Black & Scholes valuation model. Each warrant entitles to subscription for one new share in XVIVO during the period 2 May–31 May 2022 for a subscription price of SEK 205.88, which corresponds to 150 percent of the volume weighted average price for XVIVO’s shares listed on Nasdaq Stockholm for each trading day during the period 4 May–15 May 2020. The application period to subscribe for warrants ended on 23 September 2020 and a total of 374,000 warrants were subscribed for. The last subscriptions were made on June 2, 2020.
 
If all warrants are exercised, XVIVO’s share capital will increase by approximately SEK 9,559 corresponding to a dilution of approximately 1.4 percent of the total number of shares and votes in XVIVO.
 
Gothenburg, 24 September 2020
XVIVO Perfusion AB (publ)

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