The Board of Directors of DUG Foodtech has resolved on a directed set-off issue of approximately SEK 7 million
8 November, 2024, Lund, Sweden The Board of Directors of DUG Foodtech AB (publ) (“DUG Foodtech” or the “Company”) has today, November 8, by virtue of authorization granted by the extraordinary general meeting on October 15, 2024, resolved on a directed set-off issue of 20,595,384 shares at a subscription price of SEK 0.34 per share (the “Set-Off Issue”). Of the issued shares, 19,536,561 shares are directed to lenders and 1,058,823 shares to a guarantor in the recently completed rights issue, for which the Company announced the outcome on November 6 (the “Rights Issue”). Payment will