Wästbygg Gruppen publishes prospectus in connection with forthcoming rights issue

About this update from Wastbygg Gruppen Ab Class B

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE.The board of directors of Wästbygg Gruppen AB (publ) ("Wästbygg Group" or the "Company") (Nasdaq Stockholm: WBGR B) has prepared a prospectus (the "Prospectus") relating to the rights issue of shares of Class A and units of approximately SEK 241 million, which was resolved by the board of directors on 13 January 2026, and approved by the extraordinary general meeting held on 25 February 2026 (the "Rights Issue"). The Prospectus has today been approved and registered by the Swedish Financial Supervisory Authority.SummaryAnyone who is registered as a shareholder in Wästbygg Group on the record date, 2 March 2026, will receive three (3) unit rights for each existing share of Class B in the Company. Three (3) unit rights entitle the holder to subscribe for one (1) unit. Each unit consists of three (3) shares of Class B and one (1) warrant series TO 1. The warrants series TO 1 are intended to be admitted to trading on Nasdaq Stockholm.The Rights Issue entails the issuance of a maximum of 50 752 264 units, corresponding to 152 256 792 shares of Class B and 50 752 264 warrants series TO 1.The subscription price in the Rights Issue has been set to SEK 4.65 per unit, corresponding to SEK 1.55 per share of Class B. The warrants series TO 1 are issued free of charge.One (1) warrant series TO 1 entitles the holder to subscription of one (1) share of Class B in the Company during the period from and including 12 March2029 up to and including 26 March2029.Upon full subscription in the Rights Issue, Wästbygg Group will initially receive approximately SEK 241 million before issue costs. In the event the warrants series TO 1 are fully exercised for subscription of new shares of Class B, the Company will receive additional proceeds in March 2029, before issue costs.The subscription period in the Rights Issue will run from and including 4 March 2026 up to and including 18 March 2026.The Company intends to use the net proceeds from the Rights Issue for (i) repayment of the Company's bridge loan financing and (ii) general corpo...

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