The redemption procedure is not intended for persons whose participation in the redemption procedure requires additional information or registration or other measures in addition to those required by Swedish law. The document may not either be distributed into countries that require additional information or measures according to the previous sentence or to countries where such distribution is contrary to applicable regulations.
Information as of 16 February 2024
On 30 November 2023, AcadeMedia’s Annual General Meeting resolved, in accordance with the proposal from the Board, on a voluntary redemption program, comprising a reduction of the share capital for repayment to the shareholders and a bonus issue without issuance of new shares. The Board of AcadeMedia has now set the terms of the voluntary redemption program, based on the authorization granted by the Annual General Meeting.
Not more than 4,223,502 ordinary shares may be redeemed and thus, the share capital may be reduced by not more than SEK 4,223,502. The share capital reduction will be restored through a bonus issue, whereby the company’s share capital will be increased by SEK 5,279,378.
The record day for receipt of redemption rights has been set to 23 February 2024. Those who, on the record day, are registered as shareholders in the share register maintained by Euroclear Sweden on behalf of AcadeMedia receive one redemption right for each ordinary share held in AcadeMedia. 25 redemption rights entitle to redemption of one ordinary share. The shares will be redeemed in exchange for a cash payment of SEK 65 per share. In total, not more than SEK 274,527,630 may be paid as redemption proceeds.
Customary trading in redemption rights and redemption shares on Nasdaq Stockholm will be arranged.
The dates applicable to the redemption program are set out below. An information brochure with further information about the voluntary redemption program is found below.
If you have any questions regarding the redemption program please call Avanza at +46 (0)8-409 421 22, or send an email to firstname.lastname@example.org.
20 February 2024
Publication of the information brochure
21 February 2024
Last day of trading in AcadeMedia shares including the right to receive redemption rights
23 February 2024
Record day for receiving redemption rights
27 February 2024 – 8 March 2024
Period for trading in redemption rights
27 February 2024 – 12 March 2024
Application period for redemption of shares
14 March 2024 – 21 March 2024
Period for trading in redemption shares
Around 28 March 2024
Payment of redemption proceeds