First exercise period of Brighter Warrants TO3, October 11 to 25, 2017.
As part of our financing strategy and the agreement with L1 Capital, Brighter has on two occasions distributed free warrants to the company's shareholders to reduce dilution. October 11 to 25 is the first exercise period of Brighter Warrants TO3 during which holders of Warrants can subscribe for shares. The subscription price for the shares has been set at SEK 4.00 in accordance with §8, 11thparagraph in the TERMS OF SUBSCRIPTION OPTIONS IN BRIGHTER AB (PUBL) SERIES TO3 2017/2020 and the share issue price applied to the Private Placement to Recall Capital announced on August 7, 2017.