Conversion of Yorkville’s convertible notes into shares
The Board of Directors of Panion Animal Health AB (the “Company” or “Panion”) has, pursuant to the terms and conditions of the financing arrangement between Panion and an investment fund managed by Yorkville Advisors Global (“Yorkville”) announced on 9 January 2018, resolved to approve the request of Yorkville to convert a proportion of SEK 300,000 of the convertible notes to shares in the Company at conversion price of SEK 1.04 per share. The conversion shall be executed by issuing a total of 288,461 shares to Yorkville. With the transfer included a total of SEK 2,500,000 of the