KEBNI AB (PUBL) PUBLISHES OUTCOME OF ITS RIGHTS ISSUE

Stockholm, Sweden, November 4^th 2020 – Through the rights issue, KebNi raises approx. SEK 45 million before deduction of issue related costs.

Allocation of shares has been made according to the principles described in the prospectus which was published in conjunction with the rights issue. Subscribers who are allocated shares subscribed for without preferential rights will receive an allocation notice in the form of a contract note. Payment for such shares is to be made according to the instructions on the contract note.

“After a turbulent year with circumstances that have affected companies on a global basis, we are very pleased to now be well equipped to continue our growth journey and build value for both our customers and our shareholders. With the capital raised from the rights issue we can continue to work towards our strategic goals. I would like to take this opportunity to thank our existing shareholders for their continued trust and give a warm welcome to our new shareholders!”, comments Carsten Drachmann, CEO of KebNi.

Share and share capital

When the rights issue has been registered with the Swedish Companies Registration Office, the total number of shares in KebNi will amount to 63 388 333 shares and the share capital amount to approximately SEK 4 340 199.16.

Trading in BTA

Trading in BTA (paid subscribed shares) is currently conducted on Nasdaq First North Growth Market, which will cease once the issue has been registered with the Swedish Companies Registration Office. BTAs will subsequently be converted into ordinary shares.

Advisers

Redeye Aktiebolag acts as financial adviser and Synch Law acts as legal adviser in connection with the rights issue.

Certified Adviser

Redeye is Certified Adviser for KebNi. Contact details to Redeye: tel. +46 (0)8 121 576 90, e-mail certifiedadviser@redeye.se.

201104_KEBNI_OUTCOME-OF-ISSUE-ENG.pdf