Regulatory News

Pagero’s warrant program fully exercised - brings the company SEK 54 million

March 3 2023

Pagero's warrant program 2020/2023, which was decided on 26 March 2020, was fully exercised and brings the company SEK 54,210,000 before transaction costs

At the Extraordinary General Meeting on 26 March 2020 in Pagero AB, a resolution was passed on an incentive program of 417,000 warrants ("Warrant Program 2020/2023") directed to key employees in the Group. The warrants entitled the holder to subscribe for shares in Pagero AB. The holders of the warrants undertook to exchange the subscribed shares in Pagero AB for an equivalent number of shares in the parent company Pagero Group AB. A share split 10:1 in Pagero Group AB, means that the holders receive ten shares in Pagero Group AB for each share in Pagero AB. The warrant program has now been completed and all warrants have been exercised. Through an issue in kind resolved by the Board of Directors of Pagero Group AB on 3 March 2023, with the authorization by the 2022 Annual General Meeting, these 417,000 shares in Pagero AB have been converted into 4,170,000 shares in Pagero Group AB.

The subscription of shares in Pagero Group AB will be made at a price of SEK 13 per share. The transaction will bring Pagero SEK 54,210,000 before transaction costs. The number of shares in Pagero Group AB will increase by 4,170,000 to 158,392,263 shares and the share capital will increase by SEK 41,700 to SEK 1,583,922.63. The dilution resulting from the transaction amounts to approximately 2.6 percent.

For more information

Bengt Nilsson, CEO
[email protected]

Jan-Olof Ohlsson, CFO
[email protected]


Certified adviser

Erik Penser Bank is Certified Adviser and can be contact on +46 (0) 8-463 83 00 or [email protected].

About Pagero

Pagero provides a Smart Business Network that connects buyers and sellers for automated, compliant, and secure exchange of orders, invoices, payment instructions and other business documents. With an open network and a wide range of value-added apps, Pagero helps businesses streamline their order-to-cash and purchase-to-pay processes while unlocking the full potential of accurate and reliable business data. All of this, regardless of location, industry, size or systems. 
Pagero’s share is traded on Nasdaq First North Growth Market under ticker PAGERO and ISIN SE0016830517.

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