IPO – Initial Public Offering

Initial public offering

PolarCool’s first trading day on Spotlight Stock Market (www.spotlightstockmarket.com) is November 14, 2018. Prior to the listing, PolarCool conducts a preferential rights issue during October 2018.

Terms in brief:
• Each share in PolarCool entails 1 subscription right.
• 4 subscription rights entitle to subscription of 1 new share.
• The subscription price in the Offer is SEK 2 per share.
• The Offer includes a rights issue of no more than 8,998,108 shares, which at full subscription amounts to approximately 18 MSEK before direct costs of approximately 0,2 MSEK
• Minimum subscription without preferential rights (without subscription rights) is 2,500 shares.
• Determined lowest level for the execution of the rights issue is 7,000,000 shares, corresponding to 14 MSEK.
• In total, the share capital increases by no more than 125,000 SEK
• Subscription period of the Offer will run October 9 through November 2, 2018
• First trading day on Spotlight Stock Market is November 14, 2018.

 

Subscription form:
In the event that not all shares are subscribed with preferential rights, the public is also entitled to subscribe. Subscription form (in Swedish) is available here.

 

Teaser:
(in Swedish) can be found here.

 

 

 

Memorandum:
For further details, please read PolarCool’s investment memorandum (in Swedish) which can be found here.