Trading in Creaspac’s shares on Nasdaq Stockholm commences today

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN FULL OR PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE ”IMPORTANT INFORMATION” AT THE END OF THE PRESS RELEASE.

Creaspac AB (”Creaspac” or the ”Company”), a Swedish public acquisition company, established on the initiative of Creades AB (publ) (”Creades”) today announces the outcome of Creaspac’s initial public offering on Nasdaq Stockholm (the “Offering”). The Offering attracted strong interest from both institutional investors in Sweden and abroad as well as the general public in Sweden. The Offering was considerably oversubscribed.

The Offering in brief

• The price in the Offering was, as previously communicated, SEK 100 per share.
• The Offering comprised of 24,800,000 newly issued shares in Creaspac.
• The newly issued shares will provide the Company with proceeds of approximately SEK 2.5 billion before transaction costs.
• After the completion of the Offering, Creaspac’s largest shareholders consist of Creades (15.0 per cent), Lannebo Fonder (9.8 per cent), PriorNilsson (9.8 per cent), Swedbank Robur Fonder (9.8 per cent), SEB Investment Management (6.0 per cent) and Ramsbury Invest (4.8 per cent).
• The total number of outstanding shares in the Company after the completion of the Offering amounts to 25,000,000 shares.
• Trading in the Creaspac share on Nasdaq Stockholm commences today, 23 June 2021, under the ticker ”CPAC”.
• Settlement is expected to take place on 28 June 2021.

Sven Hagströmer, Chairman of Creaspac and Creades, comments:

“We are very pleased with the strong interest in Creaspac from the general public and institutional investors and humbled by the trust that our investment strategy and Creades as sponsor have received. We look forward to generating long-term shareholder value together in Creaspac.”

About Creaspac

Creaspac is a Swedish acquisition company, a so-called Special Purpose Acquisition Company (SPAC), established on the initiative of Creades. The purpose of Creaspac is to raise capital through an initial public offering on Nasdaq Stockholm and within 36 months thereafter acquire an unlisted company which, through Creaspac, after review and approval, will be listed on Nasdaq Stockholm Main Market or Nasdaq First North Growth Market.

More information is available on Creaspac’s website, www.creaspac.se.

About Creades

Creades is a Swedish listed investment company that was formed at the end of 2011/2012 in connection with Investment AB Öresund being split into two companies. Creades was listed in 2013 on Nasdaq Stockholm main market and was before that listed on Nasdaq First North since 2012. Creades’ portfolio, measured in terms of net asset value, consists of approximately 70-75 per cent listed holdings and approximately 25-30 per cent unlisted holdings. Creades’ largest holding is the listed company Avanza, and Creades’ unlisted holdings include Apotea, Inet, Instabox, PriceRunner, Röhnisch, StickerApp and Tink. Creades’ net asset value as of 31 May 2021 was SEK 10,341 million.

Advisors

Skandinaviska Enskilda Banken AB (publ) is acting as Sole Global Coordinator and Joint Bookrunner and Avanza Bank AB (publ) is acting as Joint Bookrunner in connection with the Offering. Advokatfirman Cederquist is legal advisor to Creaspac.

For more information, please contact:

John Hedberg, CEO

+46 (0) 70 629 23 37

john.hedberg@creaspac.se

This information is information that Creaspac AB is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact person set out above, on 23 June 2021 at 08:00 CET.

Important information

This announcement is not an offer, or an invitation, to acquire or subscribe for any securities of Creaspac AB (the “Company”).

Copies of this announcement are not being made and may not be distributed or sent into the United States, Australia, Canada, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

Any offering of the securities referred to in this announcement were made by means of a prospectus. This announcement is not a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (together with any related implementing and delegated regulations, the “Prospectus Regulation”).

In any EEA Member State other than Sweden, and in the United Kingdom (each, a “Relevant State”) this communication is only addressed to and is only directed at qualified investors in that Relevant State within the meaning of the Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such Relevant State.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any offering in the United States or to conduct a public offering of securities in the United States.

Copies of this announcement are not being, and should not be, distributed in or sent into the United States. The securities described herein have also not been and will not be registered under the applicable securities laws of Australia, Canada or Japan and, subject to certain exemptions, may not be offered or sold in or into or for the account or benefit of any person having a registered address in, or located or resident in Australia, Canada or Japan. There will be no public offering of the securities described herein in Australia, Canada or Japan.

This communication and any materials in relation to the securities described herein are only being distributed to and is only directed at persons in the United Kingdom that (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”); (ii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Order, (iii) are outside the United Kingdom, or (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000 (“FSMA”)) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”). This communication must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe,” “expect,” “anticipate,” “intends,” “estimate,” “will,” “may,” “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm or release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this communication

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