Divio Technologies AB announces date for conversion of BTA into ordinary B- shares

The Board of Directors of Divio Technologies AB ("Divio" or the "Company") announces that the Paid Subscribed Shares ("BTA") issued to subscribers in the Company's rights issue of shares ("Rights Issue") pending registration with the Swedish Companies Registration Office, will be converted into ordinary B shares on December 11, 2024. Consequently, the last trading day for BTA on First North Growth Market will be December 9, 2024.

In November 2024, the Rights Issue was successfully completed, raising approximately SEK 15.5 million before issuance costs. The conversion date from the interim instrument BTA to ordinary series B shares will be December 11, 2024. The final day of trading with BTA on First North Growth Market will therefore be December 9, 2024. The new series B shares are expected to be distributed and visible in subscribers' VP accounts/depositories on December 13, 2024.

Following the Rights Issue and subsequent directed issue to guarantors, the total number of shares in the Company will amount to 317,173,419, of which 750,000 are series A shares and 316,423,419 are series B shares. The Company's share capital will total SEK 31,717,341.90.

Advisors
In connection with the Rights Issue, Divio has assigned Sedermera Corporate Finance AB as financial advisor, Eversheds Sutherland Advokatbyrå AB as legal advisor and Nordic Issuing AB as issuing agent.

For more information about the Rights Issue, please contact:
Sedermera Corporate Finance AB
Phone: +46 (0)40 615 14 10
E-mail: cf@sedermera.se
www.sedermera.se

For further information about the Company, please contact:
Jon Levin, CEO Divio Technologies AB
Phone: +46 (0)73 244 70 66
E-mail: jon.levin@divio.ch

Certified Adviser
FNCA Sweden AB
Phone: +46 (0)8 528 00 399
E-mail: info@fnca.se

This press release is an English translation of the Swedish original. In the event of any discrepancies, the Swedish version shall govern.

Important information
This press release does not constitute an offer to acquire, subscribe to, or otherwise trade in shares, warrants, subscription rights, paid subscribed shares (BTA), or other securities in Divio Technologies AB. Investors should not subscribe to or acquire any securities except on the basis of the information in the memorandum that will be published prior to the commencement of the subscription period in the Rights Issue. No actions have been taken, nor will any actions be taken, to permit a public offering in any jurisdictions other than Sweden.

This press release may not be released, published, or distributed, directly or indirectly, in or into the United States, Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, South Korea, Russia, Belarus, or any other jurisdiction where such distribution would be unlawful. This press release also does not constitute an offer to sell new shares, warrants, subscription rights, BTA, or other securities to any person in a jurisdiction where it would not be permitted to make such an offer or where such actions would require a prospectus, additional registration, or other measures beyond those required by Swedish law. The memorandum, application form, and other documents related to the Rights Issue may not be distributed in or into any country where such distribution or the Rights Issue would require actions as outlined in the previous sentence or where it would violate the regulations of such a country. Actions in violation of this instruction may constitute a breach of applicable securities laws.

No shares, warrants, subscription rights, BTA, or other securities have been registered or will be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction in the United States, and may not be offered, subscribed, exercised, pledged, sold, resold, allotted, delivered, or otherwise transferred, directly or indirectly, in or into the United States, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of the relevant state or other jurisdiction in the United States.

This press release may contain certain forward-looking information reflecting the Company’s current view of future events as well as financial and operational developments. Terms such as "intends," "assesses," "expects," "may," "plans," "believes," "estimates," and other expressions indicating or predicting future developments or trends, which are not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties, as it depends on future events and circumstances. Forward-looking information does not guarantee future performance or development, and actual outcomes may differ significantly from those stated in the forward-looking information. Neither the Company nor any other party undertakes to review, update, confirm, or publicly announce any revisions to any forward-looking statements to reflect events occurring or circumstances arising concerning the content of this press release, unless required by law or the Nasdaq First North Growth Market rulebook.