Press release from Companies

Publicerat: 2023-03-24 08:30:00

Wicket Gaming AB: Wicket Gaming announces last day of trading in BTU and first day of trading in warrants of series TO2

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED KINGDOM, THE UNITED STATES, AUSTRALIA, JAPAN, NEW ZEALAND, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, CANADA, HONG KONG OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
 

Wicket Gaming AB ("Wicket Gaming" or the "Company") announces that the rights issue with preferential rights for existing shareholders (the "Rights Issue") has been registered with the Swedish Companies Registration Office. Trading with paid subscribed units ("BTU") will therefore cease and be replaced by shares and warrants of series TO2. The last day of trading in BTU is March 28, 2023, and warrants of series TO2 will be trading on Spotlight Stock Market starting April 3, 2023.

 

In connection with the registration with the Swedish Companies Registration Office, BTU is converted into newly issued shares and warrants of series TO2 with short name WIG TO2. The first day of trading in the warrants of series TO2 on Spotlight Stock Market is April 3, 2023. The last day of trading in the warrants of series TO2 is November 9, 2023.

 

Terms for warrants of series TO2

Each warrant of series TO2 entitles to the subscription of one (1) new share at a subscription price corresponding to 70 percent of the volume-weighted average price of the Company's share on Spotlight Stock Market during the period from October 17, 2023, to October 30, 2023, however not less than SEK 3.0 and not more than SEK 6.0. Subscription of shares through the use of the warrants take place during the period from November 1, 2023, to November 14, 2023.

 

Advisors

Mangold Fondkommission AB is the financial advisor to Wicket Gaming in connection with the Rights Issue. Eversheds Sutherland Advokatbyrå AB is the legal advisor to the Company in connection with the Rights Issue.

 

For more information, please contact:

Eric De Basso, CEO, Wicket Gaming AB

Email: eric@wicketgaming.com

Phone: +46 70 780 52 00

 

About Wicket Gaming

Wicket Gaming is a Swedish gaming and digital education company consisting of two verticals, Games and EdTech. Within the Games vertical, the business idea is based on developing and distributing free-to-play games ("F2P") within mobile games for Android and iOS. Within EdTech, the Company focuses on developing products in genres such as Game-based Learning and Serious Games, it is in these areas that Wicket Gaming has identified the greatest synergies between the Company's two verticals.

For more information, please see Wicket Gaming's website: www.wicketgaming.com.

 

Important information

Publication, announcement, or distribution of this press release may, in certain jurisdictions, be subject to restrictions according to law. Recipients of this press release in those jurisdictions, in which this press release has been announced or distributed, should inform themselves of and follow such legal restrictions. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Wicket Gaming in any jurisdiction. Invitation to the persons concerned to participate in the Rights Issue will only take place through the EU growth prospectus which the Company intends to publish in connection with the Rights Issue.

 

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended. The information in this press release may not be announced, published or distributed in or into the United Kingdom, the United States, Australia, Japan, New Zealand, South Africa, South Korea, Switzerland, Canada, Hong Kong or in any other jurisdiction where the announcement, publication or distribution of the information would not comply with applicable laws and regulations.

 

Within the European Economic Area, no offer is made to the public of securities in any country other than Sweden. In other Member States of the European Union, such an offer may only be made in accordance with the exceptions in the Prospectus Regulation (EU) 2017/1129.

 

This press release contains certain forward-looking information that reflects the Company's present view of future events as well as financial and operational development. Words such as "intend", "assess", "expect", "may", "plan", "believe", "estimate" and other expressions entailing indications or predictions of future development or trends, not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties as it depends on future events and circumstances. Forward-looking information is not a guarantee of future results or development, and actual outcomes may differ materially from the statements set forth in the forward-looking information.

 

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