Smart Wires: STABILIZATION NOTICE
NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, CANADA, NEW ZEALAND, JAPAN, SINGAPORE, SOUTH KOREA OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR REQUIRE FURTHER REGISTRATION MEASURES. PLEASE SEE IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.
Pareto Securities AB ("Pareto"), in its capacity as stabilization manager, notifies that stabilization measures have been undertaken in Smart Wires Technology Ltd's ("Smart Wires" or the "Company") Swedish depositary receipts ("SDRs") traded on Nasdaq First North Growth Market.
As announced in connection with the private placement of newly issued shares in the Company represented by SDRs and the listing of the SDRs on Nasdaq First North Growth Market (the "Private Placement"), Pareto may, but has no obligation to, carry out transactions aimed at supporting the market price of the SDRs at levels above those which might otherwise prevail in the market.
Stabilization transactions may be undertaken on Nasdaq First North Growth Market, in the over-the-counter market or otherwise, at any time during the period from the date of commencement of trading in the shares on Nasdaq First North Growth market, 18 May 2021, and ending no later than 30 calendar days thereafter, and may under no circumstances be conducted at a price higher than the one set in the Private Placement, i.e. SEK 41.5.
The Company has granted the Pareto an over-allotment option which may be utilized in whole or in part for 30 days from the first day of trading on Nasdaq First North Growth Market, to issue up to 4,540,000 new shares in the Company represented by SDRs corresponding to up to 15 percent of the total number of shares in the Private Placement, at a price corresponding to the price in the Offering, i.e. SEK 41.5 per share, to cover any over-allotment in connection with the Private Placement.
Pareto has, in its capacity as stabilization manager, notified that stabilization measures have been undertaken in accordance with article 5(4) of the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 on Nasdaq Stockholm, as specified below. The contact person at Pareto is Marcus Wagner (tel: +46 (0) 8 402 50 00).
Stabilization information
Issuer: Smart Wires Technology Ltd
Securities: SDRs (ISIN: SE0015962345)
Offering size (shares): 30,400,000 (including over-allotment)
Over allotment-option (shares): 4,540,000
Offer price: SEK 41.5
Ticker: GOGRID SDB
Stabilization manager: Pareto Securities AB
Stabilization transactions
Date Quantity Highest Lowest Volume Currency Trading venue
(no of price price -weighted
shares) average price
2021 2,339,893 38.00 28.28 31.7146 SEK Nasdaq First
-05 North Growth
-18 Market
2021 683,050 31.00 28.27 28.9638 SEK Nasdaq First
-05 North Growth
-19 Market
2021 214,000 30.62 28.80 29.5399 SEK Nasdaq First
-05 North Growth
-20 Market
2021 220,000 30.00 27.60 28.3223 SEK Nasdaq First
-05 North Growth
-21 Market
2021 85,200 29.80 27.40 27.9633 SEK Nasdaq First
-05 North Growth
-24 Market
2021 117,600 30.80 28.00 28.8896 SEK Nasdaq First
-05 North Growth
-25 Market
2021 69,000 30.40 28.60 29.3352 SEK Nasdaq First
-05 North Growth
-26 Market
2021 48,400 29.00 27.40 28.0554 SEK Nasdaq First
-05 North Growth
-27 Market
2021 34,721 29.60 27.60 28.4934 SEK Nasdaq First
-05 North Growth
-28 Market
2021 45,340 31.00 29.00 30.2897 SEK Nasdaq First
-05 North Growth
-31 Market
2021 12,027 32.20 30.80 31.3378 SEK Nasdaq First
-06 North Growth
-01 Market
2021 22,440 32.60 32.00 32.4560 SEK Nasdaq First
-06 North Growth
-02 Market
2021 20,572 34.60 33.60 34.1238 SEK Nasdaq First
-06 North Growth
-03 Market
2021 38,400 35.00 33.60 33.9852 SEK Nasdaq First
-06 North Growth
-04 Market
2021 84,005 34.60 33.40 34.1629 SEK Nasdaq First
-06 North Growth
-07 Market
2021 75,000 35.20 33.40 34.2463 SEK Nasdaq First
-06 North Growth
-08 Market
2021 60,697 35.20 33.80 34.6522 SEK Nasdaq First
-06 North Growth
-09 Market
2021 78,400 35.00 33.20 34.3680 SEK Nasdaq First
-06 North Growth
-10 Market