Eiffel Investment Group exercises warrants and subscribes for class B shares worth 56 MSEK in Vertiseit

As previously announced, on February 26, 2025, the Board of Directors of Vertiseit resolved, subject to subsequent approval by an extraordinary general meeting, to carry out a directed issue of 875,000 warrants (the “Issue”). The Issue was directed to the institutional investor Eiffel. Each warrant entitled Eiffel to subscribe for one new Class B share in Vertiseit at a subscription price of 64 SEK no later than March 31, 2025. Eiffel has now chosen to exercise all warrants for share subscription, resulting in the issuance of 875,000 new class B shares in Vertiseit. The Company has today allotted 875,000 B shares in the Company to Eiffel. Consequently, through the exercise of the warrants, the Company will receive 56 MSEK before deduction of issuance costs.

NUMBER OF SHARES, SHARE CAPITAL AND DILUTION
The Issue will increase the number of shares in Vertiseit from 28,827,631 to 29,702,631, distributed as 2,429,510 Class A shares and 27,273,121 Class B shares. The Company’s share capital will increase from 1,441,381.55 SEK to 1,485,131.55 SEK. The Issue results in a dilution effect of approximately 2.9 percent of the total number of shares and approximately 1.7 percent of the total number of votes in Vertiseit.

ADVISORS
Redeye AB is acting as Sole Manager and Bookrunner, and CMS Wistrand is serving as legal advisor to Vertiseit in connection with the Issue.

IMPORTANT INFORMATION
The publication, announcement, or distribution of this press release may be subject to restrictions in certain jurisdictions. Recipients of this press release in jurisdictions where this press release has been published or distributed should inform themselves of and comply with such restrictions. Recipients of this press release are responsible for using this press release and the information herein in accordance with applicable legislation in each jurisdiction. This press release does not constitute an offer, or invitation to acquire or subscribe for any securities in the Company in any jurisdiction, neither from the Company, Redeye, nor anyone else.
This press release does not identify or purport to identify risks (direct or indirect) that may be attributed to an investment in the new shares. Any investment decision in connection with the Issue must be made based on all publicly available information regarding the Company and the Company's shares. Such information has not been independently verified by Redeye. The information in this press release is only provided as background material and does not claim to be complete. An investor should not rely solely on the information in this press release or its accuracy or completeness. Redeye is acting for the Company in connection with the transaction and not for anyone else. Redeye is not responsible to anyone other than the Company for providing the protections afforded to their clients or for giving advice in relation to the transaction or any other matter referred to herein.
This press release does not constitute a recommendation for any investors' decisions regarding the Issue. Each investor or potential investor should conduct their own investigation, analysis, and evaluation of the business and the information described in this press release and all publicly available information. The price and value of securities can decrease as well as increase. Achieved results do not constitute guidance for future results.
This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be offered or sold in the United States without being registered or exempted from (or in a transaction not subject to) registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and applicable state laws, or to any person who is not a qualified institutional buyer (as defined in the U.S. Investment Company Act of 1940 (the “Investment Company Act”)). The securities referred to herein may not be sold under circumstances that would require the Company to register under the Investment Company Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. Furthermore, the Company has not been and will not be registered under the Investment Company Act. The information in this press release may not be announced, published, copied, or distributed, directly or indirectly, wholly or partly, in or to the United States, Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, Russia, Belarus, or any other jurisdiction where the announcement, publication, or distribution of the information would not comply with applicable laws and regulations or would require a prospectus, registration, or other measures than those required by Swedish law. Actions contrary to this instruction may constitute a violation of applicable securities laws.
This press release does not constitute a prospectus within the meaning of Regulation (EU) 2017/1129, (the “Prospectus Regulation”) and has not been approved by any regulatory authority in any jurisdiction. The Company has not approved any offer to the public of shares or rights in any member state (“Member State”) of the European Economic Area (“EEA”) and no prospectus has been prepared or will be prepared in connection with the Issue. In each EEA Member State, this announcement is directed only at “qualified investors” in that Member State as defined in the Prospectus Regulation.
In the United Kingdom, this press release and any other material related to the securities described herein are only distributed and directed to, and any investment or investment activity to which this document relates is available only to: (i) persons with professional experience in matters related to investments falling within the definition of “investment professionals” in Article 19.5 of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) persons falling within Article 43 of the Order or high net worth entities falling within Article 49.2 (a)-(d) of the Order, or to other persons to whom it may otherwise lawfully be communicated in accordance with an exemption from Article 21.1 of the UK Financial Services and Markets Act 2000 or otherwise under circumstances where it does not apply (all such persons together being referred to as “relevant persons”). In the United Kingdom, any investment or investment activity to which this press release relates is only available to, and will only involve, relevant persons. Persons who are not relevant persons should not take any action based on this press release and should not act or rely on it. This press release is not a prospectus under the meaning of Regulation (EU) 2017/1129 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 (the “UK Prospectus Regulation”).