Konsolidator to issue new shares in private placement - inside information - Seite 2

The expected net proceeds of DKK 5.9m will cover Konsolidator’s expected capital requirements for the rest of 2024.

CEO Claus Finderup Grove says: “We are happy to be able to attract further capital in order to finance our exciting growth initiatives and strengthen our capital structure. We believe that our new strategic focus is a way to get Konsolidator back to double digit growth.”

The resolution on the private placement of new shares

The new shares issued as a result of the private placement will be registered at the Danish Business Authority upon receipt of final subscriptions and cash payments for the new shares. Following registration, the share capital will increase by the number of new shares subscribed, where each share will have a nominal value of DKK 0.04. Today, the company has a registered share capital of nominal DKK 819,013.08 and with full subscription the share capital will increase to nominal DKK 886,428.84.

The new shares represent approximately 8.23% of Konsolidator’s share capital before the capital increase and 7.60% of Konsolidator’s share capital after the capital increase.

The new shares will be negotiable instruments, and no restrictions will apply to their transferability. The new shares will not carry any special rights. The rights conferred by the new shares, including voting and dividend rights, will apply from the date when the capital increase is registered with the Danish Business Authority. The new shares are to be registered in the name of the holder in Konsolidator's register of shareholders.

Admission to trading and expected timetable

The new shares will be issued in the temporary ISIN code, DK0062954871, which will be merged with the primary ISIN code for the existing shares, DK0061113511, as soon as possible after the capital increase has been registered with the Danish Business Authority.

The temporary ISIN code will not be admitted to trading on Nasdaq First North Growth Market Denmark but will only be registered with Euronext Securities Copenhagen for use in connection with subscription for the new shares.

The expected timeline for registration of the capital increase with the Danish Business Authority and admission for trading of the new shares under the same ISIN code as the existing shares, DK0061113511, is as follows:

Date		Step
April 30, 2024		New shares issued in temporary ISIN
May 2, 2024		Settlement in temporary ISIN
May 3, 2024		Registration of capital increase with the Danish Business Authority
May 6, 2024		Admission to trading of new shares on Nasdaq First North Growth Market

The offering of new shares and the admission to trading is exempt from the obligation to publish a prospectus.