Catella has completed repurchase of warrants

At the Extraordinary General Meeting of Catella AB held on Wednesday 20 March 2024, it was resolved that Catella would make a conditional offer to repurchase warrants (the ”Repurchase Offer”) of series 2020/2024:A and series 2020/2025:B issued under Catella’s long-term incentive programme. 2,450,000 warrants have now been repurchased.

The acceptance period for the Repurchase Offer commenced on 28 March 2024 and expired at 23:59 CEST on 1 April 2024. The price per warrant that was repurchased amounted to SEK 0.213 and SEK 1.783, respectively.

Under the Repurchase Offer, Catella has repurchased a total of 2,450,000 warrants. The total consideration for the Repurchase Offer amounted to SEK 2,445,100. In accordance with the condition for the Repurchase Offer, at least 50 per cent of the consideration has been reinvested by the warrant holders in warrants issued under Catella’s new long-term incentive program which was resolved upon at the Extraordinary General Meeting on 20 March 2024.

Following completion of the Repurchase Offer, 175,000 warrants are outstanding in series 2020/2024:A, which may be exercised into Class B shares in Catella from and including 1 June 2024 up to and including 15 June 2024, and 175,000 warrants of series 2020/2025:B, which may be exercised into Class B shares in Catella from and including 1 June 2025 up to and including 15 June 2025. The warrants that have been repurchased, together with the warrants previously held in treasury by Catella, will be cancelled.

For more information, please contact:
Mathias de Maré
Head of Group HR
+46 (0)8 463 33 81