#Sweden #Gothenburg #Warrants #Zinzino AB #Share Subscription

Zinzino AB's Share Subscription Update

In a significant development for Zinzino AB, the company has recently announced details regarding the share subscriptions connected to its warrants as resolved in the general meetings held on May 31, 2022, and 2023. This update not only indicates a solid rise in the company's equity but also an enhanced investor interest which is crucial for the company's growth trajectory.

Key Details of Subscription Events

On May 31, 2022, Zinzino's shareholders resolved to subscribe to 50,315 B shares under series 2022/2027:1, priced at SEK 56 per share. This resolution enabled Zinzino to raise a total of SEK 2,817,640 in equity. Additionally, during the same meeting, a further subscription of 15,000 B shares at the same price led to an increase of SEK 840,000 in Zinzino's equity.

Fast forward to May 31, 2023, Zinzino saw a larger subscription of 145,000 B shares at a price of SEK 63 each, aggregating a significant equity increase of SEK 9,135,000. The participation in these options illustrates robust investor enthusiasm and confidence in Zinzino’s strategic direction and financial commitments.

Understanding the Equity Impact

Following these subscriptions, the total count of B-shares experienced an increase of 210,315, elevating the overall count to 33,772,824. Consequently, the total number of shares post-subscription stands at 38,886,216. While the dilution resulting from these actions amounted to 0.54%, the overall impact on Zinzino's share capital is noteworthy, pushing it to SEK 3,888,621.60.

This increase in equity not only punctuates Zinzino’s potential for future growth but also reflects positively on its standing in the market as a company that attracts investor backing. The share capital increases signify the firm foundation Zinzino is building as it continues to broaden its operational scope and enhance product offerings.

Insight from Zinzino's Leadership

Leading Zinzino forward during these transformative times, CEO Dag Bergheim Pettersen commented that such positive shareholder participation highlights a shared optimism about the company's growth strategies and outlook. CFO Fredrik Nielsen echoed similar sentiment, emphasizing the importance of shareholder trust and its effect on future financial strategies.

Conclusion

Zinzino AB's recent activities around share subscriptions induced by warrants exemplify a productive engagement with its investor community, underlining a promising chapter for the company. As Zinzino navigates the future, these developments are sure to be instrumental in its expansion plans and market positioning. The latest figures reflect a broader narrative of resilience and momentum within the company. For further details, stakeholders and interested parties can reach out to Zinzino’s investor relations or visit their official communication channels for updates on future initiatives.

For inquiries:

• - Dag Bergheim Pettersen - CEO, Zinzino

Contact: +47 (0) 932 25 700 | Email: [email protected]

• - Fredrik Nielsen - CFO, Zinzino

Contact: +46 (0) 707 900 174 | Email: [email protected]

This information was originally disseminated via Cision, which continues to serve as a key resource for corporate communications and press-related inquiries.