The subscription period in Divio Technologies AB's rights issue of shares begins today

Today, the subscription period in Divio's Rights Issue of shares with preferential rights for the Company's existing shareholders begins. Upon full subscription, the Company will receive approximately SEK 15.5 million before deduction of issue costs. The subscription period runs until November 12, 2024. Through the Rights Issue, a maximum of 128,900,844 new shares can be issued. Shareholders in the Company on the record date of October 25 received one (1) subscription right for each existing share in the Company, regardless of share class. Thirteen (13) subscription rights give the holder preferential rights to subscribe for nine (9) new B-shares in Divio at a price of SEK 0.12 per B-share. The subscription period runs from today, October 29, 2024, up to and including November 12, 2024.

Full terms and conditions are available in the information memorandum published on October 22, 2024, available on the websites of the Company (www.divio.com under Investor/Governance), Sedermera Corporate Finance AB (www.sedermera.se) and Nordic Issuing AB (www.nordic-issuing.se).

Use of proceeds from the Rights Issue
Upon full subscription of the Rights Issue, Divio will receive approximately SEK 15.5 million before issue costs. The net proceeds will be used to bridge working capital deficits, optimize onboarding and support of the new Swiss enterprise customer, and to finance further investments in the company's sales and partner network.

Summary of the Rights Issue
The Rights Issue comprises a maximum of 128,900,844 new B shares.

• The subscription price amounts to SEK 0.12 per new B share. If the Rights Issue is fully subscribed, the Company will receive approximately SEK 15.5 million before issue costs.
• Existing shareholders on the record date of October 25, 2024 will receive one (1) subscription right for each A and/or B share held. Thirteen (13) subscription rights give preferential rights to subscribe for nine (9) new B shares.
• The subscription period for the Rights Issue runs from October 29, 2024 to November 12, 2024.

Important information regarding the economic value of subscription rights
In order for subscription rights not to expire worthless, the holder must use them for subscription of shares, no later than November 12, 2024, or sell the subscription rights no later than November 7, 2024. Any subscription rights that are not used for subscription of new shares will expire without value, without compensation to the holder.

Advisors
In connection with the redemption of subscription rights, Sedermera Corporate Finance AB is acting as financial advisor, Eversheds Sutherland Advokatbyrå AB as legal advisor and Nordic Issuing AB as issuing agent.

For more information about the Rights Issue, please contact:
Sedermera Corporate Finance AB
Phone: +46 (0)40-615 14 10
E-mail: cf@sedermera.se

Nordic Issuing AB
Phone: +46 (0) 40 632 00 20
E-mail: info@nordic-issuing.se

For more information about Divio, please contact:
Jon Levin, CEO, Divio
Phone: +46 (0) 73 244 701 66
E-mail: jon.levin@divio.ch

Certified Adviser
FNCA Sweden AB
Phone: +46 (0)8 528 00 399
E-mail: info@fnca.se

Important information
This press release does not constitute an offer to acquire, subscribe or otherwise trade in shares, warrants, subscription rights, BTA or other securities in Divio Technologies AB. Investors should not subscribe for or acquire any securities other than on the basis of the information in the memorandum that will be published prior to the start of the subscription period in the Rights Issue. No action has been taken and no action will be taken to permit a public offering in any jurisdiction other than Sweden.

This press release may not be announced, published or distributed, directly or indirectly, in or into the United States, Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, South Korea, Russia, Belarus or in any other jurisdiction where the distribution of this press release would be unlawful. This press release does not constitute an offer to sell new shares, warrants, subscription rights, BTAs or other securities to any person in any jurisdiction in which it would be unlawful to make such an offer to such person or in which such action would require a prospectus, additional registration or other measures other than those required by Swedish law. The Memorandum, the application form and other documents relating to the Rights Issue may not be distributed in or into any country where such distribution or the Rights Issue would require measures set out in the preceding sentence or where they would be contrary to the rules of such country. Any action contrary to this instruction may constitute a violation of applicable securities laws.

No shares, warrants, subscription rights, BTAs or other securities have been or will be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States and may not be offered, subscribed for, exercised, pledged, sold, resold, assigned, delivered or otherwise transferred, directly or indirectly, in or into the United States, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of the relevant state or other jurisdiction of the United States.

This press release may contain certain forward-looking statements that reflect the Company's current views with respect to future events and financial and operational performance. Words such as “intends”, “estimates”, “anticipates”, “may”, “plans”, “believes”, “estimates” and other expressions that are indicative or predictive of future developments or trends, and that are not based on historical facts, constitute forward-looking statements. By its nature, forward-looking information involves known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking statements are not guarantees of future performance or development and actual results may differ materially from those expressed in the forward-looking statements. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release, unless required by law or Nasdaq First North Growth Market's rules and regulations.