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The board of directors in Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has resolved to offer the holder of warrants under program 2019/2022 to repurchase part of his warrants.

CIBUS NORDIC REAL ESTATE AB (PUBL) OFFERS TO REPURCHASE WARRANTS

The board of directors in Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has resolved to offer the holder of warrants under program 2019/2022 to repurchase part of his warrants.

The board of directors of Cibus has resolved to offer the holder of warrants under program 2019/2022 to repurchase part of his warrants. The offer only concerns the settlement of the warrants and does not entail any changes to the terms of the warrants or the program. The offer is made conditional upon that the warrant holder reinvests part of the consideration in shares in Cibus through the exercise of the warrants retained.

In April 2019 the annual general meeting resolved to adopt a three-year warrant program for the Companys CEO, Sverker Källgården. In total, 186,600 warrants were issued which can be exercised to subscribe for new shares during the period 15 April 2022 - 15 June 2023. As of the day of this press release, the number of outstanding warrants in the program amount to 186,600. 

The board of directors has resolved that the Company shall make an offer to repurchase warrants under program 2019/2022 at market terms. The consideration of the repurchases should partly be used to cover the financing of the exercise of the remaining warrants.

The objective for making the offer is to facilitate for the holder of warrants under program 2019/2022 to exercise his warrants without the requirement to finance the exercise of the warrants himself.

The offer does not entail any additional tax costs nor transaction fees for the Company and it does not entail a further administrative burden for the Company. In addition, the repurchase of part of the warrants in program 2019/2022 decreases the warrants dilutive effect compared to if the warrants had been exercised.

If the holder of warrants under program 2019/2022 were to fully accept the offer, the repurchase would include 144,808 warrants and the consideration for the offer, based on the current share price of SEK 208.2, would amount to approximately SEK 13.8 million.

For further information, please contact:

Sverker Källgården, CEO, Cibus Nordic Real Estate AB (publ), tel: +46 761 444 888
Pia-Lena Olofsson, CFO, Cibus Nordic Real Estate AB (publ), tel: +46 708 580 453 

_____________________

Stockholm, May 2022

Cibus Nordic Real Estate AB (publ)

The board of directors

The following documents can be retrieved from beQuoted
Cibus Pressrelease 2022-05-11 eng.pdf

Cibus is a real estate company listed on Nasdaq Stockholm Mid Cap. The companys business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The company currently owns approximately 450 properties in the Nordics. The main tenants are Kesko, Tokmanni, Coop Sweden, Lidl and S Group.

Cibus on kiinteistöyhtiö, joka on listattu Nasdaq First North Premier Growth Market -listalla Tukholmassa. Yhtiön liikeideana on hankkia, kehittää ja hallinnoida Pohjoismaissa korkealaatuisia kiinteistöjä, jotka on vuokrattu päivittäistavarakaupan ketjuille. Yhtiöllä on tällä hetkellä 280 kiinteistöä Suomessa ja Ruotsissa. Päävuokralaiset ovat Kesko, Tokmanni, Coop ja S-ryhmä.