Calmark receives subscription commitments for the exercise of warrants

Calmark receives subscription commitments for the exercise of warrants

Press releases
Today, on 27 May 2019, Calmark Sweden AB (publ) (“Calmark”) is able to announce that key persons in the Board of directors, the executive management and the main shareholders have agreed in writing to exercise their respective subscription warrants. The subscription commitments correspond to the subscription of approximately 1,581,195 shares at a price of SEK 5.40 per share, or a total amount of approximately SEK 8,538,453. This means that guaranteed undertakings corresponding to about 53 percent of the total amount that the warrants can bring now has been pre-agreed in writing. The subscription commitments have not been secured by prior transaction, bank guarantee or similar. The exercise period for the Series TO 1 B subscription warrants runs between 23 May and 13 June 2019.

The following parties have entered subscription commitments:

  • Wingefors Invest AB, 1,222,182 shares corresponding to SEK 6,599,782.80
  • Olcon Engineering AB, 276,312 shares corresponding to SEK 1,492,084.80
  • Valetudor Development AB (Mathias Karlsson, Chairman of the Board), 63,618 shares corresponding to SEK 343,537.20
  • Meliorata AB (Anna Söderlund, CEO), 19,083 shares corresponding to SEK 103,048.20

Financial advisor

Sedermera Fondkommission is the financial advisor and issuing agent of Calmark in connection with the exercise period for the company’s Series TO 1 B subscription warrants.

For more information regarding the subscription of Series TO 1 B subscription warrants, please contact:

Sedermera Fondkommission Telephone: +46 40-615 14 10