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Metacon publishes prospectus in connection with the rights issue

metacon rights issue

Metacon publishes prospectus in connection with the rights issue.

On 25 January 2024, Metacon AB (publ) (“Metacon” or the “Company”) announced that the Board of Directors, with the support of the authorization granted by the extraordinary general meeting held on 24 January 2024, had resolved on a rights issue of units, consisting of new shares and warrants, of approximately SEK 119.2 million (the “Rights Issue). Today, Metacon announces that the prospectus relating to the Rights Issue has been approved by the Swedish Financial Supervisory Authority (the “SFSA”) and has been made available on Metacon’s webpage, https://metacon.se/rights-issue-2024/ , together with other information related to the Rights Issue (the “Prospectus”). The Prospectus will also be made available on Pareto Securities’ webpage, www.paretosec.com, and at the SFAS’s webpage, https://www.fi.se/sv/vara-register/prospektregistret/

Publication of the Prospectus

Complete information regarding the Rights Issue is included in the Prospectus that has been prepared by the Company and which today was approved and registered by the Swedish Financial Supervisory Authority.

The Prospectus has been prepared as a simplified prospectus for secondary issuances in accordance with Article 14 of Regulation (EU) 2017/1129 (the “Prospectus Regulation”). The SFSA, as the Swedish national competent authority, has approved the Prospectus in accordance with Article 20 of the Prospectus Regulation. The SFSA only approves the Prospectus as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation. The approval should not be considered as an endorsement of the Company or of the securities described in the Prospectus. The SFSA does not guarantee the accuracy or completeness of the factual information contained in the Prospectus. Each investor is advised to make its own assessment of whether it is appropriate to invest in the Company.

Timetable for the Rights Issue

                                                                      Trading in unit rights                                   5 – 14 February 2024                                               
                                   Subscription period                                   5 – 19 February 2024                                               
                                   Trading in paid subscribed unit (BTU)                                   5 – 27 February 2024                                               
                                   Expected announcement of the preliminary outcome in the Rights Issue                                   19 February 2024                                               
                                   Subscription period for warrants of series TO 1                                   7 – 21 March 2025                                   

Advisers
Pareto Securities is Sole Manager and Bookrunner, Advokatfirman Schjødt is legal adviser to the Company and Baker & McKenzie Advokatbyrå KB is legal adviser to Pareto Securities in connection with the Rights Issue.

READ the latest news shaping the hydrogen market at Hydrogen Central

Metacon publishes prospectus in connection with the rights issue. source

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