Announcement of the result of AcadeMedia’s voluntary redemption program
AcadeMedia announces the result of the company’s voluntary redemption program. The redemption program comprised a total of not more than 4,223,502 ordinary shares in AcadeMedia. Upon completion of the application period, a total of 4,095,867 ordinary shares have been submitted for redemption, corresponding to an acceptance level of approximately 97 per cent. In total, cash proceeds of approximately SEK 266 million will be distributed to the shareholders, corresponding to SEK 65 per redeemed share, to be paid around March 28, 2024. Following completion of the redemption program, the total