Sale of 1,223,117 existing shares in Re:NewCell AB (publ) completed

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

Reference is made to the press release published on 11 June 2021 regarding a potential sale of existing shares in Re:NewCell AB (publ) (“Renewcell” or the "Company") by a group of 11 shareholders (the “Selling Shareholders”) through an accelerated bookbuilding process managed by Nordea Bank Abp, filial i Sverige (“Nordea”) and Pareto Securities AB (“Pareto Securities”) or jointly the “Managers”.

The Selling Shareholders have successfully sold 1,223,117 shares in the Company (the “Placing”), corresponding to approximately 4.0 percent of the total number of shares outstanding in the Company. The price in the Placing was SEK 175.00 per share and amounted to approximately SEK 214 million. Following the Placing, the Selling Shareholders own a total of 1,369,772 shares in the Company, for which the Selling Shareholders have entered into a customary lock up with the Managers for a period of 30 days. None of the Selling Shareholders are considered persons discharging managerial responsibilities (“PDMR”) in the Company.

Nordea and Pareto Securities acted as Joint Global Coordinators and Joint Bookrunners in the Placing. Synch Advokat acted as legal advisor to the Selling Shareholders.

Important information

This announcement is not an offer to sell, or solicitation of an offer to buy, any securities in the United States. The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the Securities Act. There will not be a public offering of the shares in the United States.

This announcement is not an offer of securities or investments for sale or a solicitation of an offer to buy securities or investments in any jurisdiction where such offer or solicitation would be unlawful. No action has been taken that would permit an offering of the securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

In member states of the European Economic Area ("EEA") (each, a "Relevant Member State"), this announcement and any offer if made subsequently is directed exclusively at persons who are "qualified investors" within the meaning of the Prospectus Regulation ("Qualified Investors"). For these purposes, the expression "Prospectus Regulation" means regulation (EU) 2017/1129.

This announcement is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (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.

Any investment decision to buy shares in the Placing must be made solely on the basis of publicly available information which has not been independently verified by the Managers or the Selling Shareholders.

The Managers are acting exclusively for the Selling Shareholders and no one else in connection with the Placing. The Managers will not regard any other person (whether or not a recipient of this presentation) as a client in relation to the Placing and will not be responsible to anyone other than the Selling Shareholders for providing the protections afforded to its clients nor for the giving of advice in relation to the Placing or any transaction, matter or arrangement referred to in this announcement.