As announced in connection with the Offering, ABG has had the option, acting as Joint Global Coordinator and stabilisation manager, to 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 have been undertaken on Nasdaq First North Premier Growth Market, in the over-the-counter market or otherwise, at any time during the period from the date of commencement of trading in the shares on Nasdaq First North Premier Growth Market,
The Main Shareholder[1] of the Company granted ABG an over-allotment option which could have been utilised in whole or in part for 30 days from the first day of trading of the Company's shares on Nasdaq First North Premier Growth Market to be able to sell up to 2,229,094 shares corresponding to up to 15 percent of the total number of shares in the Offering to cover any over-allotment in connection with the Offering.
ABG now notifies that the over-allotment option has been exercised corresponding to 2,107,900 shares. Thus, the remaining part of the over-allotment option that was not exercised, corresponding to 121,194 shares, will be returned to the Main Shareholder.
The stabilisation period in the Offering has now ended and no further stabilisation transactions will be conducted. ABG announces, in its capacity as Joint Global Coordinator and stabilisation manager, that stabilisation measures have been undertaken in accordance with article 5(4) in the EU Market Abuse Regulation 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 as specified below.
The contact person at ABG is
Stabilisation information: | |
Issuer: | |
Securities: | Ordinary shares (ISIN: SE0015962048) |
Offering size: | 14,860,627 shares |
Offer price: | |
Ticker: | PSCAND |
Stabilisation manager: |
Stabilisation transactions: | ||||||
Date | Quantity, shares | Price (highest) | Price (lowest) | Price (volume weighted average) | Currency | Trading venue |
121,194 | 34.00 | 34.00 | 34.00 | SEK | Nasdaq First North Premier Growth Market (SSME) |
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