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    THiS Less-is-more Group announces results of rights issue

    The subscription summary of the rights issue of units, consisting of shares and warrants, which was announced on June 20, 2023, and closed on July 10, 2023 ("Rights Issue") in THiS Less-is-more Group AB (publ) ("THiS Group" or "the Company"), shows that 856,011 units were subscribed. The Rights Issue has provided THiS Group with approximately 3 million SEK.- I am immensely grateful for the support from both our loyal existing shareholders and the new investors who have chosen to become part of THiS Group, which has now increased the number of shareholders to 292. Through the rights issue,

    Letter from the CEO June 2023

    Dear shareholders, I would like to begin this letter by expressing my gratitude for the support and trust that myself and THiS Group have received recently. In this CEO letter, I want to update you on recent developments and share what has been happening. Regarding the stock market listing, the Board is aware that the delay in the listing process has raised questions among many shareholders. The reason for the prolonged planned listing is due to a series of unforeseen events that have caused delays in the listing process and incurred costs. In order to carry out a successful market

    Posterton restructures its management to focus on the B2B segment

    Posterton AB ("Posterton"), a wholly-owned subsidiary of THiS Less-is-more Group AB (publ) ("THiS Group"), is undergoing changes in its management structure to strengthen its position in the B2B segment. As part of this strategic realignment, Posterton's CEO and founder, Mattias Skog, will be stepping down.The board has identified a new business model that involves Posterton focusing more on the B2B segment than before. To effectively execute this transition, the recruitment of a new CEO is currently underway, and Mattias Skog will be available during a transitional period to ensure a

    THiS Group AB acquires Digitrust AB – experts in digitalization

    THiS Less-is-more Group AB (publ) ("THiS Group") is acquiring all shares in Digitrust AB ("Digitrust"). The purchase price amounts to SEK 28 million and will be paid with newly issued shares in THiS Group at a value of SEK 7.4 per share. Digitrust are experts in digitalization in the categories of health, well-being, and lifestyle and specialize in creating the link between business and digital platforms/IT systems. The company aims to create better use of information/data to increase revenue and profit. By making better and faster decisions in a controlled and flexible environment, the

    Letter from the CEO, March 2023

    I hope this letter finds you in good health and high spirits. As always, I want to start by thanking you for your trust and commitment to THiS Group. We are extremely grateful that you have chosen to invest in our company, and we are doing everything we can to live up to your expectations. It has been an eventful year for THiS Group, with several important developments that I want to discuss in this letter. I will begin by telling you about the acquisition of Posterton at the beginning of the year. This was an important deal for us, as it strengthens our lifestyle segment and gives us

    THiS Less-is-more Group AB (publ) acquires Posterton AB

    The investment company THiS Less-is-More Group AB (publ) (“THiS Group”) has today signed a binding agreement to acquire all shares in Posterton AB (“Posterton”). The purchase price amounts to SEK 65 million plus additional cash, which is paid via a non-cash issue of B shares, based on a share price of SEK 7.4 per share.About Posterton Posterton is an e-commerce company selling premium posters and frames in 27 markets in Europe. Posterton has an integrated AR tool in the customer experience and drives sales through an AI engine across Europe. In 2021, Posterton signed an agreement with

    THiS Group and Shanghai Foreign Trade Enterprises have entered into cooperation

    THiS Less-is-more Group AB (publ) ("THiS Group") and Shanghai Foreign Trade Enterprises Co. Ltd. ("SFTE") have jointly entered into a long-term and sustainable collaboration.After several dialogues and fruitful evaluations, both THiS Group and SFTE have decided to cooperate with each other by purchasing goods from Brazil and West Asia to China. The project will be the starting point for further collaboration with other products needed for the Chinese market ordered by SFTE's customers and clients. THiS Group provides a range of healthy and sustainable lifestyle products through its

    Letter from the CEO December 2022

    The year is slowly but surely coming to an end and we are about to end an intense and successful business year, despite the negative macro events that have characterized 2022. The last month has also continued to be intense where we had events together with Söderberg & Partners, launched the Sureka chocolate and built a sales force for Karuu in Europe.Launch of Sureka and YR Skincare On November 17, we finally launched the Sureka chocolate at Grappe's wine cellar together with Söderberg & Partners. We invited investors and other partners to taste the chocolate, which has been

    Letter from the CEO October 2022

    The autumn continues to be characterized by a shaky existence on the financial markets in the form of continued rising inflation in combination with interest rate increases and higher electricity prices. Our capital acquisition process has, as a result of the world situation, dragged on and it is considerably tougher to raise capital today. We continue to meet with investors and the board has recently decided to lower the valuation of THiS Group to SEK 150 million, so that we can succeed in raising the capital we need. During the last board meeting, on 20 October 2022, the budget for 2022/

    Letter from the CEO THiS Group august 2022

    A lot has happened during the summer, which also resulted in it being a while since you received an CEO-update regarding the activities of the business. During the summer, I, Ali Farmandeh, have been appointed president and CEO of THiS Group, a task that I am proud and grateful for. During the summer, I, together with colleagues and partners, have ensured that we are fully charged for an intense and eventful autumn. I share Lucy's vision for the company to 100 percent and I look forward to leading the company towards further growth and creating shareholder value for all shareholders

    THiS Group has signed a sponsorship agreement with the Swedish Surfing Association

    THiS Less-is-more Group AB (“THiS Group”) has signed a sponsorship agreement with the Swedish Surfing Association. Through the sponsorship agreement, THiS Group will play an important role for the Swedish Surfing National Team in their journey towards the European Championship in Denmark in 2022 as well as the World Surfing Games in El Salvador in 2023 and the Olympics in France in 2024.THiS Group will support the Swedish Surfing Association and the Swedish Surfing National Team through its own Sureka® solution that includes stevia and other plant-based ingredients for sugar reduction. -

    THiS Group extends the subscription period in the ongoing share issuing process until September 1, 2022

    The Board of Directors of THiS Less-is-more Group AB (publ) (“THiS” or the “Company”) has today decided that the subscription period for the share issuing process (the “Offer”) that the Company announced in a press release on March 31, 2022, is further extended to September 1, 2022.The reasons for the extended subscription period are as follows: · The company is currently in final negotiations and in the due diligence process with companies that THiS Group intends to acquire. By extending the subscription period, the Company has the opportunity to complete the acquisitions within the

    Ali Farmandeh new Chief Executive Officer of THiS Group

    Ali Farmandeh has been appointed new CEO of THiS Group. For the past 20 years, Ali has worked in senior positions with the development of international business and organizations.- Ali has good skills in business development and is the right person for THiS Group to take the next step and continue the expansive acquisition journey that has begun. THiS Group's vision is to be a collective pioneer in market-based and value-adding business in health and lifestyle with a focus on global sustainability and I have great faith that Ali will take on this task in a very good way, says Lucy Dahlgren,

    Letter from the CEO THiS Group March 2022

    We are currently in an expansive phase where several of us work in principle 24/7 to accelerate growth and at the same time prepare ourselves with everything legal before the IPO. Every day I get calls from investors who are interested in our business and our future. Talking about our vision with you, which means being a collective pioneer in market-based and value-adding business in health and lifestyle with a focus on global sustainability, is something I am driven by and find extra fun. Committed shareholders are important for us to achieve stable and sustainable growth together. New

    The Board of THiS Group decides on a private placement to strengthen the brand and accelerate growth prior to listing

    The Board of Directors of THiS Less-is-more Group AB (publ) (“THiS Group” or “the Company”) has today, with the support of authorization from the Extraordinary General Meeting on November 12, 2021, decided on a directed equity issue of a maximum of 6,818,181 ordinary shares, with deviation from the shareholders’ preferential rights, which means an increase in the share capital of a maximum of SEK 647,727. Through the private placement, the Company will receive a maximum of SEK 60 million. THiS Group has already initiated discussions with potential investors and it is estimated that the

    Letter from the CEO - february 2022

    Soon the spring is here and then the first butterflies of the season will appear. THiS’s logotype symbolizes a living and "sustainable" butterfly with two wings consisting of "health and wealth". What distinguishes our brand from the image of an "ordinary" butterfly is the dot below the butterfly. It stands for the original ideas that are the starting point for our competence and financing alliance in global health and lifestyle. Continued M&A negotiationsTHiS continues to have several dialogues with interesting companies, some of which we have had a long historical relationship with.

    Letter from the CEO - january 2022

    Dear shareholders, customers, suppliers and THiS-stakeholders, It is great to be able to look back on 2021, where the autumn in particular was intense and dynamic for the roll-out of THiS - The Health innovation System plan. Now we have put a solid organizational structure and recharged the batteries in the organization, and we are more than ready for 2022 - a year when we will together take THiS Group to new heights. Last year, we built a strong framework in the company that we will build on in 2022. We have always focused on innovation that creates changes in health and

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