The acceptance period for the Repurchase Offer started on 6 May 2025 and ended yesterday, on 8 May 2025. The number of Warrants outstanding amounted to 926,013 before the Repurchase Offer, translating to 944,533 Nordnet shares after adjusting for dividends paid since the Warrants were issued. The price per Warrant amounted to 98.32 in the Repurchase Offer, equivalent to the calculated market price based on the closing price for the Nordnet share on Nasdaq Stockholm on 8 May 2025.
Through the Repurchase Offer, Nordnet has purchased a total of 837,210 Warrants. Payment for repurchased Warrants will be in the form of 308,385 newly issued ordinary Nordnet shares, equivalent to a dilution of approximately 0.1%, based on the number of shares in Nordnet after the issuance. Each share paid to a Warrant holder was assigned a value of SEK 266.80, equivalent to the closing price of the Nordnet share on Nasdaq Stockholm on 8 May 2025.
After the end of the acceptance period, 88,803 Warrants are still outstanding and can be exercised for subscription of new shares up until and including 9 May 2025 in the first exercise window, and thereafter in the second exercise window which is during a two-week period from the day after the publication of the company’s half-year report for the period 1 January-30 June 2025, however no earlier than 18 August 2025 and no later than 12 September 2025. Nordnet will also make a repurchase offer to the participants in connection with the second ordinary exercise window, in accordance with the Annual General Meeting’s resolution.