STABILISATION NOTICE, END OF STABILISATION PERIOD AND EXERCISE OF OVER-ALLOTMENT OPTION
Carnegie Investment Bank AB (publ) ("Carnegie"), in its capacity as stabilisation manager, notifies that stabilisation measures have been undertaken in the shares of tbd30 AB (publ) ("tbd30" or the "Company") which are traded on Nasdaq Stockholm. The stabilisation period has now ended and no further stabilisation transactions will be effected. Carnegie exercises the over-allotment option and has bought back 34,065 class A shares in tbd30.
As announced in connection with the offering to acquire newly issued class A shares in the Company and the listing of the Company's class A shares on Nasdaq Stockholm (the "Offering"), Carnegie could, acting as stabilisation manager, carry out transactions aimed at supporting the market price of the shares at levels above those which might otherwise have prevailed in the market.
Stabilisation transactions could be undertaken on Nasdaq Stockholm, in the over-the-counter market or otherwise, at any time during the period commencing on the first day of trading in the class A shares on Nasdaq Stockholm, 24 June 2021, and end no later than 30 calendar days thereafter. Transactions was not allowed to be effected at a price higher than the one set in the Offering, i.e. SEK 100.
Stabilization could take place through Carnegie having the opportunity to repurchase a maximum of the 400,000 class A shares in the over-allotment option (the "Over-allotment Option"). Class A shares acquired by Carnegie as part of stabilisation measures will be transferred to the Company free of charge. The class A shares that are not repurchased within the framework of stabilisation will continue to be held by investors and proceeds for these class A shares will, like proceeds from the Offering, be placed in the restricted account and handled the same way as the proceeds from the Offering. The Company's board of directors intends to propose to the next annual general meeting on 17 September 2021 that such shares held by the Company, as well as associated investor warrants 1, shall be redeemed by the Company.
Carnegie has, in its capacity as stabilisation manager, notified that stabilisation measures have been undertaken in accordance with article 5(4) of the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 on Nasdaq Stockholm, as specified below. Carnegie has bought back a total of 34,065 class A shares which will be transferred to the Company as stated above.
The contact person at Carnegie is Johan Flintull, johan.flintull@carnegie.se, +46 (0) 858 86 88 42.
| Stabilisation information: | |
| Issuer: | tbd30 AB (publ) |
| Securities: | Class A shares (ISIN: SE0016075246) |
| Offering size (including the over-allotment option): | 8,400,000 class A shares |
| Offer price: | SEK 100 per class A share |
| Ticker: | tbd30 |
| Stabilisation manager: | Carnegie Investment Bank AB (publ) |
|
Stabilisation transactions: |
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| Date | Quantity, shares | Price (highest) | Price (lowest) | Price (volume weighted average) | Currency | Trading venue |
| 2021-06-24 | 16,492 | 100.00 | 100.00 | 100.00 | SEK | SSME |
| 2021-06-28 | 10,346 | 100.00 | 100.00 | 100.00 | SEK | SSME |
| 2021-06-29 | 3,339 | 100.00 | 100.00 | 100.00 | SEK | SSME |
| 2021-06-30 | 2,465 | 100.00 | 100.00 | 100.00 | SEK | SSME |
| 2021-07-01 | 889 | 100.00 | 100.00 | 100.00 | SEK | SSME |
| 2021-07-09 | 490 | 100.00 | 100.00 | 100.00 | SEK | SSME |
| 2021-07-19 | 44 | 100.00 | 100.00 | 100.00 | SEK | SSME |
For more information, please contact:
Caesar Gezelius, Head of Investor Relations
+46 708 333 136
caesar.gezelius@tbd30.se
This information is information that tbd30 is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information has been published by the contact person listed above, at a time indicated by tbd30 AB's (publ) news distributor Cision in connection with the publishing of this press release.
About tbd30
tbd30 is a SPAC founded at the initiative of Anders Böös and Anders Lönnqvist. The purpose of the Company is to carry out a Business Combination with a company with operations in business services. This is a sector which the founders consider having interesting and good prospects and, in certain cases, a potential to engage in substantial change and development work. A relatively large proportion of companies in this sector are outside the public and listed environment, despite their having achieved sufficient maturity and the opportunity to benefit from being listed.
tbd30 has a goal-oriented and competent Board of Directors and management focusing on realising the Company's goal and strategy – to identify, evaluate and acquire Target companies which create added value for tbd30's investors and shareholders. Together, they have a long and sound experience of corporate management and governance, business combinations and mergers, change-related processes, the capital market and the business sector as a whole.