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The overallotment option in the IPO of Cinis Fertilizer has been exercised in full

18.11.2022 – Regulatory information

ABG Sundal Collier AB (”ABG Sundal Collier”), has today, on behalf of ABG Sundal Collier, Nordea Bank Abp, filial i Sverige, and Pareto Securities AB (the “Joint Bookrunners”), notified Cinis Fertilizer AB (“Cinis Fertilizer” or the “Company”) that the stabilisation period has ended and that the overallotment option has been exercised in full as no price stabilisation activities have been carried out.


In connection with the offering of shares in Cinis Fertilizer and the listing of the Company’s shares on Nasdaq First North Growth Market on 21 October 2022 (the "Offering"), the Company granted the Joint Bookrunners an option to acquire up to an additional 2,068,965 newly issued shares in Cinis Fertilizer, corresponding to a maximum of 15 per cent of the number of shares in the Offering to cover overallotment and thereby enable stabilisation measures after the Offering (the “Overallotment Option”), exercisable in whole or in part within 30 days from the date on which Cinis Fertilizers’ shares commenced trading on Nasdaq First North Growth Market.


No price stabilisation activities have been carried out since the Offering, and the stabilisation period regarding the Offering has now ended and the Overallotment Option has thus been exercised in full.


Due to that the Overallotment Option has been exercised in full, the board of directors of Cinis Fertilizer has resolved to issue 2,068,965 shares at a price corresponding to the issue price in the Offering (SEK 29 per share). The exercise of the Overallotment Option means that the Offering has comprised a total of 15,862,068 newly issued shares, corresponding to 21.9 percent of the shares in Cinis Fertilizer after the completion of the Offering. Cinis Fertilizer will thereby be provided with additionally approximately SEK 60 million, which means that the Company has been provided with, approximately SEK 460 million in total as a result of the Offering, before transaction costs. After the shares in the Overallotment Option have been registered with the Swedish Companies Registration Office, the total number of outstanding shares in Cinis Fertilizer will amount to 72,526,468.


In order to enable delivery of overallotment shares in the Offering, ABG Sundal Collier borrowed 2,068,965 existing shares in the Company from Jakob Liedberg. Due to the exercise of the Overallotment Option, all borrowed shares will be returned to Jakob Liedberg.

For more information, please contact:

Charlotte Becker, IR and Communications Director

Mobile: +46 73 037 07 07



Jakob Liedberg, CEO

Mobile: +46 76 858 12 86



This disclosure contains information that Cinis Fertilizer is obliged to make public pursuant to the EU Market Abuse Regulation (EU No 596/2014). The information was submitted for publication, through the agency of the contact persons set out above, at 17.50 CET on 18 November 2022.


About Cinis Fertilizer

Cinis Fertilizer is a Swedish green tech company aiming to produce the world’s most environmentally friendly mineral fertilizer, potassium sulphate (SOP), by recycling industrial waste products from the pulp & paper industry as well as the car battery manufacturing industry. The patent protected technology will use half as much energy as today’s production methods and the result is a fossil-free fertilizer with a close to zero carbon footprint, a unique and circular contribution enabling sustainable agriculture. FNCA Sweden AB is Certified Adviser.


Important information

The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions and the recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such legal restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in the Company in any jurisdiction, neither from the Company nor from anyone else.


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 "Securities Act"), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into the United States, Australia, Canada, Hong Kong, Japan, South Africa or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.


This press release is not a prospectus for the purposes of Regulation (EU) 2017/1129 (the "Prospectus Regulation") and has not been approved by any regulatory authority in any jurisdiction. A prospectus has been prepared and been scrutinized and approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) which is the national competent authority in Sweden with regard to the Prospectus Regulation and thereafter been made public by the Company. A possible investment decision regarding the shares in the Company should only be taken on the basis of information in a prospectus which has published by the Company.


In the United Kingdom, this press release and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, "qualified investors" (within the meaning of the United Kingdom version of the EU Prospectus Regulation (2017/1129/ EU) which is part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018) who are (i) persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it.


This press release does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in the new securities. Any investment decision to acquire or subscribe for securities in connection with the Offering must be made on the basis of all publicly available information relating to the Company and the Company’s securities. Such information has not been independently verified by the Joint Bookrunners. The Joint Bookrunners are acting for the Company in connection with the Offering and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for giving advice in relation to the Offering or any other matter referred to herein.


This press release does not constitute an invitation to warrant, subscribe, or otherwise acquire or transfer any securities in any jurisdiction. This press release does not constitute a recommendation for any investors' decisions regarding the Offering. Each investor or potential investor should conduct a self-examination, analysis and evaluation of the business and information described in this press release and any publicly available information. The price and value of the securities can decrease as well as increase. Achieved results do not provide guidance for future results. Neither the contents of the Company's website nor any other website accessible through hyperlinks on the Company's website are incorporated into or form part of this press release.




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