Business
Upcoming exercise period for the Warrants
Upcoming exercise period for the Warrants
About this update from Lokotech Group As
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Oslo, 27 March 2026: Reference is made to the stock exchange announcement published by Lokotech Group AS (the "Company") on 2 June 2025, regarding, amongst other things, delivery and listing of 54,908,272 warrants (the "Warrants") to the subscribers in the rights issue where the Company raised gross proceeds of approx. NOK 139 million. The Warrants are listed and tradeable on Euronext Growth Oslo under the ticker code "LOKOS".The exercise period for the Warrants will commence on 1 April 2026 at 09:00 (CEST) and end on 15 April 2026 at 16:30 (CEST). The last day of trading for the Warrants will be 9 April 2026. The Warrants will hence only be tradeable during part of the exercise period. Warrants which are not sold within 16:30 (CEST) on 9 April 2026 or exercised within 16:30 (CEST) on 15 April 2026 will lapse with no compensation to the holders.Each Warrant gives the holder a right to subscribe for one new share in the Company at an exercise price per share equal to the greater of (a) a 35% discount to the volume-weighted average price (VWAP) of the Company's shares on Euronext Growth Oslo over the last three trading days (i.e., 27 March, 30 March and 31 March 2026) prior to the first date on which the holder can exercise the Warrants (i.e., 1 April 2026); and (b) NOK 0.5130. The exercise price will thus be finally determined, and communicated through a separate stock exchange notice published by the Company, after close of trading on Euronext Growth Oslo on 31 March 2026.Further information on the exercise procedure for the Warrants will be communicated by the Company through a separate stock exchange notice prior to the start of the exercise period.Holders of Warrants may either sell the Warrants or use them to subscribe for shares in the Company within the exercise period stated above.For more information pertaining to the Warrants, please see the Prospectus, which is, subject to applicable local securities laws, available at websites of the Company: www.lokotechgroup.com/prospectusPareto Securities AS is acting as manager in...