Warrants TO3

The warrants program TO3 in Minesto AB ran from January 2020 to 30 April 2021. A total of 10,236,653 new shares were subscribed for in Minesto AB by exercising the TO3 warrants, corresponding to an exercise rate of 99.1 percent. This means that Minesto within the framework of the total TO3 program received a total subscription payment of approximately SEK 161.6 million before issue costs, which are estimated at approximately SEK 3.4 million.

About TO3 warrants

A total of 10,334,516 warrants of series TO3 in Minesto AB were issued in connection with two issues of units in 2019. One (1) warrant TO3 entitled to subscribe for one (1) share in Minesto AB during the subscription period that was open from January 2020 up to and including April 30, 2021. The subscription price was SEK 16.20 per share (during the period January 2020 to April 30, 2020) and SEK 15.79 per share (during the period April 30, 2020 to April 30, 2021), respectively.

Delivery of shares

Shares subscribed for under the warrants are issued to the holder when registration with the Swedish Companies Registration Office has been effected. The lead time to receive the new shares can be up to two weeks.

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