NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
The Board of Directors of
EU growth prospectus
In connection with the Rights issue, the Board of Directors of Eurobattery has prepared an EU growth prospectus which today has been approved and registered by the
The terms in brief
- Subscription price:
SEK 0.80 per unit (SEK 0.40 per share, the warrants are obtained free of charge). - Gross volume: Approximately
SEK 29.3 million in the event of a full subscription in the Rights issue, and an additional approximatelySEK 29 .3–36.6 million in the event of full exercise of the corresponding warrants. - Terms: One (1) share held on the record date gives one (1) unit right. One (1) unit right entitles to subscription for one (1) unit. One (1) unit consists of two (2) shares, one (1) warrant of series TO4 and one (1) warrant of series TO5.
- Trading in unit rights at NGM Nordic SME: 8 January –
17 January 2024 . - Subscription period: 8 January –
22 January 2024 . - Estimated date for announcement of the outcome of the Rights issue:
24 January 2024 . - Securement: 75.0 per cent (approximately
SEK 22.0 million ) through subscription commitments and underwriting commitments. Neither the subscription commitments nor the underwriting commitments are secured by bank guarantees, escrow funds, pledge or similar arrangements.
The terms and conditions of the Rights issue are included in the Company's EU growth prospectus.
Advisers
IMPORTANT INFORMATION
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and persons in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Eurobattery in any jurisdiction, either from Eurobattery or from anyone else.
This press release is not a prospectus according to the definition in Regulation (EU) 2017/1129 (the "Prospectus Regulation") and has not been approved by any regulatory authority in any jurisdiction. A prospectus regarding the Rights issue which is described in this press release has been registered by the
This press release does not constitute an offer or solicitation to buy or subscribe for securities in
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