Safeture carries out a repurchase offer regarding warrants
The Board of Directors of Safeture AB (publ) (”Safeture” or the “Company”) has, in accordance with the resolution of the Annual General Meeting on 28 May 2025, resolved to implement a repurchase offer regarding warrants of series 2022/2025 TO 1 (”TO 1”) and warrants of series 2022/2025 TO 2 (”TO 2”) issued under the Company’s incentive programme (TO 1 and TO 2 are jointly referred to as the ”Warrants”). A total of 706,000 Warrants are repurchased through the offer. Payment for repurchased Warrants is made through the issuance of 142,349 new shares in Safeture.
The Annual General Meeting of Safeture resolved on 28 May 2025 on a repurchase offer regarding Warrants issued under the Company’s incentive programme. The Board of Directors of the Company has now resolved to implement the repurchase offer, whereby 250,000 TO 1 and 456,000 TO 2 are repurchased by the Company, corresponding to a total of 706,000 Warrants. Those who have chosen to accept the repurchase offer are the Board members Flemming Breinholt, Sofia Kinberg and Johannes Boson and current and former employees of the Company, consisting of the Company’s CEO Magnus Hultman, Jonas Bjurhult, Jonas Brorson, Filip Bengtsson, Martin Brynell, Andreas Paulsson, Kalle Pamp, Johan Emilsson, Henning Gredegård, Henrik Reiman, Mikael Stolt, Johan Lindén and Mikael Langer.
The Company acquires the Warrants at their respective market value, amounting to SEK 1.23 per Warrant, calculated by an independent party using customary valuation principles, based on the closing price of Safeture’s share on 2 June 2025. The total consideration for the Warrants being repurchased amounts to SEK 868,380.
In accordance with the resolution of the Annual General Meeting, the consideration for the repurchased Warrants will be set off against new shares in the Company in a directed share issue (the ”Directed Issue”). Through the Directed Issue, 142,349 new shares will be issued at a subscription price of SEK 6.10 per share. The subscription price in the Directed Issue corresponds to the closing price of Safeture’s share on 2 June 2025.
The reason for the repurchase offer and the deviation from the shareholders’ pre-emption rights is that the dilution of the share capital and voting rights for existing shareholders in the Company will be lower than if the Warrants are exercised in accordance with the terms and conditions of the Warrants.
The Warrants that are not repurchased by the Company may be exercised for subscription of shares in the Company in accordance with the terms and conditions of the Warrants.
Number of shares and share capital
Through the Directed Issue, the share capital in the Company will increase by SEK 11,387.92, from SEK 3,131,763.44 to SEK 3,143,151.36, by issuing 142,349 shares. The number of shares thereby increases from 39,147,043 to 39,289,392 shares. The dilution amounts to approximately 0.36 per cent.
For more information, please contact:
Magnus Hultman, CEO, Safeture AB (publ) Phone: +46 706 00 81 66