Exercise of over-allotment option and end of stabilization period

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES.

Pareto Securities AB (“Pareto Securities”) exercises the over-allotment option in respect of 1,269,207 shares in Hexicon AB (publ) (“Hexicon” or the “Company”). The stabilization period has now ended, and no further stabilization transactions will be effected.

As announced in connection with the offering to acquire new shares in Hexicon (the “Offering”) and the listing of the Company’s shares on Nasdaq First North Premier Growth Market, Pareto Securities, in its capacity as stabilization manager, may carry out transactions aimed at supporting the market price of the shares at levels above those which might otherwise prevail in the market.

Stabilization measures, which aim to support the market price of the shares, have been possible to conduct on Nasdaq First North Premier Growth Market, the OTC market or in other ways, at any time during the period starting on the first day of trading in the shares on Nasdaq First North Premier Growth Market and ending 30 calendar days thereafter. Pareto Securities has, however, not been required to undertake any stabilization and there was no assurance that stabilization would be undertaken. Undertaking stabilization has been possible to discontinue at any time without prior notice. Transactions have, in no event been effected at levels above the price in the Offering.

To cover a potential over-allotment in connection with the Offering, the Company has, upon request by Pareto Securities and SpareBank 1 Markets AS (“Joint Bookrunners”), undertaken to issue an additional 15,000,000 shares corresponding to a maximum of 15 percent of the total number of shares in the Offering (the “Over-Allotment Option”).

Pareto Securities has, in its capacity as stabilization manager, announced that stabilization measures have been undertaken in respect of 13,730,793 shares in accordance with article 5.4 of the EU Market Abuse Regulation 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 on Nasdaq First North Premier Growth Market. The stabilization period regarding the Offering has ended and no further stabilization transactions will be effected. Below is a summary of the stabilization transactions which have been undertaken during the stabilization period. The contact person at Pareto Securities is Thomas Ranje (tel: +46 (0) 8 402 50 00).

In connection with the Offering, Pareto Securities borrowed 15,000,000 existing shares in the Company in order to cover any over-allotment in connection with the Offering. Since Pareto Securities has undertaken stabilization transactions in respect of 13,730,793 shares in the Company, Pareto Securities has today notified that the Over-Allotment Option has been exercised in respect of 1,269,207 shares.

Stabilization information

 Stabilization transactions