The subscription period for the warrants of series TO1 2019 starts today, October 1, 2020

Press release: Uppsala, October 1, 2020.  

Today the subscription period for the warrants of series TO1 2019, that were issued in connection to the issue of units that Dicot AB (“Dicot” or “the Company”) conducted in 2019, starts. The subscription period continues until October 15, 2020. Each warrant entitles the owner to subscribe for one point eighty-four (1.84) new shares in the Company at a price of SEK 1.42 per share. If all the warrants are exercised the Company will bring in approximately SEK 20.4 million before issuing costs. In order for the warrants to not expire without value it is required that the owner actively subscribes for new shares at latest October 15, 2020 or sell their warrants at latest October 13, 2020.

Summarized terms for the warrants of series TO1 2019:

Subscription period: October 1 – October 15, 2020.

Size of issue: 7,790,825 warrants of series TO1 2019, which entitles the owners to 14,335,118 shares. If all the warrants are exercised, they will bring in SEK 20,355,861.88 to Dicot.

Subscription price: After the adjustment according to the press release September 29, 2020, the subscription price has been set to SEK 1.42 per share.

Last day for trading warrants of series TO1 2019: October 13, 2020.

Note that the warrants that are not sold at latest October 13, or alternatively, exercised for subscription of shares at latest October 15, will expire without value. For your warrants of series TO1 2019 to not expire you are required to subscribe for new shares or sell your warrants.

Terms in full for the warrants are available at the Company’s website: https://www.dicot.se/investerare-media/teckningsoptioner-20192020/X

How warrants are used:

Trustee registered warrants (Custody account)

Subscription and payment with the use of warrants shall be made in accordance with instructions from each trustee. Please contact your trustee for additional information.

Directly registered warrants (Securities account)

No accounts for issuing nor any instructions regarding payments will be sent out. Subscriptions will be made through simultaneous payment in accordance with the instructions on the application form.

The warrants will then be replaced by interim shares (IS) awaiting registration at the Swedish Companies Registration Office.

The application form regarding payment will be available at Dicots website, www.dicot.se, and on the issuing institution Mangold Fondkommission AB:s website, www.mangold.se.

Advisers

Mangold Fondkommission is the financial adviser, and Advokatfirman Lindahl is the legal adviser, for Dicot regarding the warrants.

For questions regarding the warrants, please contact:

Mangold Fondkommission AB

Tel: +46 8 5030 1595

E-mail: emissioner@mangold.se

For additional information, please contact:

Göran Beijer, CEO

Tel: +46 70-663 60 09

E-mail: goran.beijer@dicot.se

Dicot AB in brief

Dicot is a pharmaceutical company focused on drug discovery and the development of novel lifestyle drugs to enrich patients' lives. The Company develops and manufactures medicines for the treatment of erectile dysfunction and premature ejaculation. The Company's lead drug candidate, Libiguin®, for the treatment of sexual dysfunctions, is in a stage of pre-clinical development. Dicot is listed on the Spotlight Stock Market and has approximately 1,600 shareholders. For more information see www.dicot.se.