Today the subscription period begins in Heliospectra’s rights issue of shares

Gothenburg, Sweden, February 19, 2025, at 12:50 CET – Today, February 19, 2025, the subscription period begins in Heliospectra AB (publ)’s (the “Company”) new share issue with preferential rights for existing shareholders of up to approximately SEK 25.6 million (the “Rights Issue”), which was announced on January 23, 2025. The subscription period for the Rights Issue runs until March 5, 2025.

THIS PRESS RELEASE MAY NOT BE DISTRIBUTED, RELEASED, OR PUBLISHED, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEELAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, OR ANY OTHER JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL OR DEMAND ADDITIONAL REGISTRATION OR OTHER MEASURES. PLEASE REFER TO “IMPORTANT INFORMATION” IN THE END OF THIS PRESS RELEASE.

Summary of the Rights Issue:

  • The Rights Issue comprises a maximum of 122,037,585 shares.
  • Upon full subscription, Heliospectra will receive approximately SEK 25.6 million before deduction of transactions costs.
  • The subscription price is SEK 0.21 per share.
  • The Rights Issue is 100 percent covered by subscription undertakings and guarantee commitments.
  • For each share held in the Company on the record date, February 17, 2025, the shareholder received one (1) subscription right. One (1) subscription right entitles the holder to subscribe for one (1) share.
  • Shareholders who choose not to participate in the Rights Issue will have their ownership diluted by up to 50 percent but have the opportunity to compensate for the dilution effect by selling their subscription rights.
  • Complete terms and instructions for the Rights Issue, as well as other information about the Company, can be found in the information memorandum published by the Company on February 19, 2025.

Indicative time plan

The following time plan for the Rights Issue is preliminary and subject to change.

Trading in share rights 19 February 2025 – 28 February 2025
Subscription period 19 February 2025 – 5 March 2025
Trading in paid subscribed shares (BTA) 19 February 2025 – week 12 2025
Expected announcement of the outcome in the Rights Issue 6 March 2025

Advisers

MAQS Advokatbyrå AB is legal adviser to the Company in connection with the Rights Issue and Aqurat Fondkommission AB is issuing agent in the Rights Issue.