Three major shareholders announce that their entire holding of warrants of series 2021 in InCoax Networks AB (publ.) will be submitted for redemption
The company's largest shareholders Saugatuck Invest, Norrlandspojkarna and BLL Invest have notified InCoax Networks that all their respective holdings of 2021 series warrants in the company have been submitted or are intended to be submitted for subscription of shares. This means that 49.0 percent of the warrants of series 2021 will be exercised.Saugatuck Invest owns 23.6 percent, Norrlandspojkarna owns 12.8 percent and BLL Invest owns 12.6 percent of the shares in InCoax and is the company's three largest shareholders. In order for the Warrants not to expire without value, the holder