The subscription period in EKOBOT’s rights issue begins today.

Today, 26 February 2024, the subscription period begins in EKOBOT AB (publ) (“Ekobot” or the “Company”) rights issue of shares announced on 14 February 2024 (the “Rights Issue”).

Summary of the Rights Issue
The board of directors of Ekobot has on 14 February 2024, by virtue of the authorisation from the Extraordinary General Meeting on 22 January 2024, resolved to carry out the Rights Issue in accordance with the following main conditions:

  • The Rights Issue comprises a maximum of 30,492,634 new shares in the Company.
  • Those who on the record date of 21 February 2024 are registered as shareholders in the share register maintained by Euroclear Sweden AB will receive one (1) subscription right for each existing share held in the Company.
  • One (1) subscription right entitles the holder to subscribe for two (2) new shares.
  • The subscription price in the Rights Issue amounts to SEK 0.60 per share.
  • The last day of trading in Ekobot's share including the right to receive subscription rights is 19 February 2024 and the first day of trading excluding the right to receive subscription rights is 20 February 2024.
  • The subscription period in the Rights Issue runs from 26 February 2024 up to and including 11 March 2024.
  • Trading in subscription rights will take place on Nasdaq First North Growth Market from 26 February 2024 until 6 March 2024.
  • Ekobot has received subscription commitments of approximately SEK 3 million, corresponding to approximately 16.40 per cent of the Rights Issue.
  • Upon full subscription of shares in the Rights Issue, the Company will receive approximately SEK 18.3 million, before deduction of issue costs.
  • Ekobot expects to announce the outcome of the Rights Issue around 12 March 2024.

Information memorandum
Complete terms and conditions for the Rights Issue and other information about the Company are set out in the recently published information memorandum. The information memorandum and application forms will be available on the Company's website, Ekobot and on Aqurat.

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