The Hargreaves Family No. 14 Settlement has increased its holding in GomSpace Group AB (publ), thereby triggering a mandatory offer obligation
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The Hargreaves Family No. 14 Settlement has increased its holding in GomSpace Group AB (publ), thereby triggering a mandatory offer obligation

THIS PRESS RELEASE DOES NOT CONSTITUTE A PUBLIC TENDER OFFER OR OTHERWISE AN OFFER TO ACQUIRE SHARES

The Hargreaves Family No. 14 Settlement has increased its holding in GomSpace Group AB (publ), thereby triggering a mandatory offer obligation

On 18 March 2025, GomSpace Group AB (publ), reg. no. 559026-1888 (”GomSpace” or the ”Company”), announced that the Company had reached an agreement to carry out a directed share issue to its largest shareholder, The Hargreaves Family No. 14 Settlement (”Hargreaves14”), of 28,000,000 new shares at a subscription price of SEK 7 per share (the ”Issue”). Completion of the Issue required and was conditional on notification to the Inspectorate of Strategic Products according to the Swedish Foreign Direct Investment Act (2023:560) and similar notification processes in Denmark and Luxembourg.

All required regulatory approvals have now been received and the Issue has today been registered with the Swedish Companies Registration Office. As a result, Hargreaves14 total holding in GomSpace amounts to 69,606,536 shares, comprising approximately 41.27 percent of all shares and votes in the Company.

The threshold for a mandatory offer obligation has thus been exceeded (pursuant to the Takeover Rules for certain trading platforms adopted by the Stock Market Self-Regulation Committee and issued on 1 July 2025 (the ”Takeover Rules”)). Hargreaves14 intends to revert with information about a possible mandatory offer within four weeks (provided that the mandatory offer requirement will not cease to apply within such four weeks’ period).

 

For more information, please contact:

Kenn Herskind

Phone number: +44 7523 802138

Email: [email protected]

 

Hargreaves14 is publishing this information in accordance with the Takeover Rules. The information was submitted for publication on 14 August 2025 at 12:45 (CEST).

 

About the Hargreaves Family No. 14 Settlement

Hargreaves14 is a family Settlement. It is a discretionary trust that undertakes investments, mainly in UK, EU, and USA. Hargreaves14 has several innovative investments and has expertise in finance technology and space technology. For more information, visit www.hargreaves14.co.uk

 

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