Today, 24 February 2022, the exercise period begins for the warrants of series TO 1 that were issued in connection with Polymer Factory Sweden AB's (“Polymer Factory” or “the Company”) issue of units in April 2021. The exercise period lasts until March 17, 2022. Upon full exercise of warrants, the Company can receive a maximum of approximately SEK 5.2 million before issue costs.
Information about warrants of series TO 1
In April 2021, Polymer Factory carried out an issue of units (shares and attached free of charge warrants) prior to listing on the Spotlight Stock Market. The issue of units was subscribed to approximately 687 percent and all shares and warrants were subsequently issued.
A total of 586,066 warrants of series TO 1 were issued. During the exercise period, from 24 February 2022 to 17 March 2022, the warrant holder has the opportunity to subscribe for one (1) new share at a price of SEK 9.10 per share. Through the warrant exercise, the Company can receive a total of maximum approximately SEK 5.2 million before issue costs of approximately SEK 0.5 million.