Esmaeilzadeh Holding expects to adjust the fair value of its holding in Lyvia
Esmaeilzadeh Holding AB’s (publ) ("EHAB") portfolio company Lyvia Group AB (publ) (“Lyvia”) has resolved to convene an extraordinary shareholders’ meeting on 18 December 2025 to resolve on a share issue by way of set-off. The share issue forms part of a strategic initiative to reduce the company’s indebtedness and simplify its capital structure, thereby positioning Lyvia for a successful IPO. The share issue is directed to a large number of entrepreneurs who have, directly or indirectly, sold businesses to Lyvia and who are now offered the opportunity to convert earn-outs, preference shares and convertible instruments into shares in Lyvia. The subscription price, which entails a pre-money valuation of approximately SEK 3.6 billion, has been determined with particular regard to the long-term benefits of strengthening Lyvia’s capital structure. The notice of the extraordinary shareholders’ meeting is expected to be published on 4 December 2025.
EHAB’s portfolio valuation process is based on a valuation hierarchy that places significant emphasis on recently executed transactions that are deemed to provide a fair reflection of the investments’ fair value. Share issues in EHAB’s portfolio companies that are carried out on market terms may thus, depending on the circumstances, form the basis for an updated valuation.
Subject to approval by the shareholders’ meeting, the proposed share issue is expected to be implemented during the months following the shareholders’ meeting. If a sufficient number of shares are subscribed for on the proposed terms, EHAB expects that the transactions, together with other relevant circumstances, will form the basis for an updated valuation of its holding in Lyvia. Any such adjustment will be announced separately.
For further information, please contact:
Mikael Ericson, CEO
Email: mikael.ericson@ehab.group
This information is such that Esmaeilzadeh Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above on 3 December 2025, at 18:00 CET.
About Esmaeilzadeh Holding AB (publ)
EHAB is an entrepreneurially driven investment company that invests in and develops resilient companies within selected industries. The primary focus is investments in operational groups with opportunities for both organic and acquisition-based growth. For more information, see www.ehab.group.