Conversion of Scandic’s convertible bonds in an aggregated nominal amount of SEK 296.1 million to shares

 

In 2021 Scandic Hotels Group AB (publ) (“Scandic”) issued convertible bonds in an aggregated nominal amount of SEK 1,800 million. Convertible investors have pre-converted bonds in an aggregated nominal amount of SEK 296.1 million to shares. After the conversion, the aggregated nominal amount for the outstanding convertible bonds amounts to SEK 696.7 million.

 

Through the conversion, the total number of shares and votes in Scandic increases with 6,828,542 to in total 203,090,902. Through the conversion, the share capital increases with SEK 1,707,135.50 to in total SEK 50,772,725.50.

For more information, please contact:
Rasmus Blomqvist, Director Investor Relations, Scandic Hotels Group
Email: rasmus.blomqvist@scandichotels.com

Tsgs: Scandic Hotels Group