HUMBLE ISSUES SHARES AS PAYMENT FOR EARN OUTS
The Board of Directors of Humble Group AB (”Humble Group” or the ”Company”) has today, by virtue of the authorisation from the annual general meeting on 21 May 2025, resolved on an issue and allocation of 2,788,473 shares in the Company. The shares are issued at an average subscription price of approximately SEK 8.48 and are paid by the subscribers by way of set-off against claims on the Company for earn outs pursuant to the share purchase agreements regarding Humble Group’s acquisition of the companies. All shares have been subscribed for by the sellers of Amber House Ltd., Bars Production i Gråbo AB, Cool & Candy AB, Delsbo Candle AB, Franssons Konfektyr AB, Fitnessgrossisten AS, Grenna Konfektyr AB and LEV.
Following the issue, the total number of outstanding shares and votes in the Company will increase by 2,788,473, from 446,575,533 outstanding shares and votes to 449,364,006 outstanding shares and votes. The share capital will increase by SEK 613,464.06, from SEK 98,246,617.26 to SEK 98,860,081.3. Consequently, the issue results in a dilution for existing shareholders of approximately 0.62 per cent of the number of outstanding shares and votes in the Company.
For additional information, please contact:
Simon Petrén, CEO, Humble Group AB
Email: [email protected]
The information in this press release has been published by the above contact person, at the time specified by Humble Group's news distributor Cision at the time of publication of this press release.
About Humble
Humble Group is a Swedish FMCG group, which delivers next-generation consumer products that are better for people and the planet. Humble’s business consists of the business segments Future Snacking, Quality Nutrition, Sustainable Care and Nordic Distribution, which have a profile within health and sustainability. The company strives to drive organic and structural growth through acquisitions and by utilizing synergies between the business entities.
For more information visit www.humblegroup.se.
Humble’s share is listed on Nasdaq Stockholm under the ticker HUMBLE.