Scandinavian Astor Group AB (publ) (”Astor Group” or the ”Company”) announces that the sellers of Nordic Shield Group AB (publ) (“NSG”) have received approval from the Swedish Inspectorate for Strategic Products (ISP) regarding the ownership assessment in connection with the Company’s previously announced acquisition of NSG. In light of this, the Board of Directors has decided to allot shares in the previously announced rights issue.
The directed new share issue forms part of the purchase price for Astor Group’s acquisition of all shares in NSG. The acquisition was completed on 8 June 2026, whilst the implementation of the new share issue was conditional upon the relevant sellers obtaining the necessary approval from the ISP.
In light of the ISP approval received, the Board of Directors has resolved to allocate all 8,799,623 shares in the directed new share issue approved by the extraordinary general meeting on 2 June 2026. The shares are being issued to the major sellers of NSG – Hässle Holding AB (formerly NEZ Holding AB), M4Y Sweden AB and Sailing Mare AB – at a subscription price of SEK 19.64 per share, in accordance with the terms published on 5 May 2026.
As a result of the new share issue, the number of shares in the Company will increase by 8,799,623 and the share capital will increase by SEK 2,320,244.58. Following registration of the new share issue, the number of shares in the Company will amount to 71,042,355 and the share capital to SEK 18,732,735.920639. The new share issue will result in a dilution of approximately 12.4 per cent of the number of shares and votes in the Company.