All warrants in the warrant program 2014/2016 in Polygiene AB have been exercised for subscription of shares.
On July 19, 2016, all 6,000 warrants in the warrant program 2014/2016 in Polygiene AB have been exercised for subscription of shares. The warrant program was launched in the spring of 2014 while the company was still a private company. Following recalculation due to the share split that was implemented in the autumn of 2015, each warrant conferred the right to subscribe for 200 shares at a subscription price of SEK 3 per share. The registration of the new shares at the Swedish Companies Registration Office is expected to take place during the next few weeks.
Through the exercise of the warrants, among others Christian von Uthmann (CEO) has increased his shareholding with 492,000 shares and Peter Sjösten (CCO) has increased his shareholding with 324,000 shares.
In the aggregate 1,200,000 new shares will be issued in Polygiene AB through the exercise of the warrants. Following registration of the new shares, the number of shares in Polygiene AB will increase from 19,316,000 to 20,516,000 and the share capital will increase from SEK 1,931,600 to SEK 2,051,600.
This information is information that Polygiene AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 CET on July 19, 2016.
For more information, please contact:
Christian von Uthmann, CEO, Polygiene
Mobile: + 46 (0)70 319 77 21, e-mail: cvu@polygiene.com
About Polygiene
Polygiene Odor Control Technology is a world-leading technology for odor control. The company is recognized as the global provider of Stay Fresh solutions for clothing, sports equipment, lifestyle textiles and other materials. Polygiene brings the Scandinavian values of quality and care for the environment to life through its products and services. More than 100 global premium brands have chosen to use Polygiene in their products. Polygiene was established in 2006 and is listed on Nasdaq First North in Stockholm, Sweden. Remium Nordic AB acts as its Certified Adviser.