#Sweden #Gothenburg #Minesto AB #TO4 warrants #Marine Energy

Important Trading Deadline for Minesto AB's TO4 Warrants

Today, March 28, 2025, signifies the last day for trading the series TO4 warrants of Minesto AB, a notable player in the marine energy sector. This company has been pioneering technology that harnesses ocean currents for renewable energy, and these warrants present a significant opportunity for investors.

The subscription period for these warrants will continue until the end of April 1, 2025. Owning a TO4 warrant allows the holder to subscribe for one new share in Minesto at the exercise price set at SEK 1.54 per share. Should all warrants be exercised, it is projected that Minesto will acquire approximately SEK 17.1 million before issuing costs, an essential boost for its ongoing projects in green technology.

It is critical for holders of these warrants to actively subscribe for new shares before the expiration date. Those who do not take action by April 1, 2025, will see their warrants expire worthless. Additionally, some nominees may opt to close applications as early as today, March 28, urging investors to check with their respective custodians promptly.

Key Details of the TO4 Warrants

• - Subscription Period: March 18 - April 1, 2025
• - Last Trading Day: March 28, 2025
• - Issue Volume: 11,127,782 warrants, each entitling the holder to one share
• - Expected Earnings from Full Exercise: Approximately SEK 17.1 million prior to costs
• - Exercise Price: SEK 1.54 per share
• - Dilution Impact: A potential dilution of 5.4% if all warrants are exercised, increasing shares from 194,116,040 to 205,243,822.

For investors holding nominee-registered warrants, it's essential to follow specific procedures outlined by their nominees regarding subscription and payment. If you hold directly registered warrants, you will need to submit subscriptions and payments directly through specified forms available on Minesto's website or Nordic Issuing's site.

The outcome of the warrant exercise will be disclosed through a press release around April 3, 2025. Any shares subscribed for will initially be recorded as interim shares until the registration process is finalized by the Swedish Companies Registration Office.

About Minesto

Minesto, founded in 2007, is dedicated to reducing the global carbon footprint through innovative marine energy technologies. Their patented product represents the only verified marine power plant capable of effectively operating in areas with weak tidal streams and ocean currents, marking a significant advancement in renewable energy production.

With over €45 million in funding support from the European Regional Development Fund, Minesto leads in European marine energy investments. The company operates in regions including Sweden, the Faroe Islands, Wales, and Taiwan. Investors looking for promising opportunities in the clean energy sector should consider the implications of this trading deadline seriously.

For more information, stakeholders are encouraged to visit Minesto's official website at Minesto.com to access the prospectus and further details about the warrants.

This trading day could represent a pivotal moment for investors in Minesto, emphasizing the importance of being proactive in financial decisions. Stay informed and act swiftly to ensure your investment choices align with your financial goals.