Conversion of Scandic’s convertible bonds in an aggregated nominal amount of SEK 19 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 19 million to shares. After the conversion, the aggregated nominal amount for the outstanding convertible bonds amounts to SEK 677.7 million.

 

Through the conversion, the total number of shares and votes in Scandic increases with 438,170 to in total 203,529,072. Through the conversion, the share capital increases with SEK 109,542.50 to in total SEK 50,882,268.

For more information, please contact:
Rasmus Blomqvist, Director Investor Relations, Scandic Hotels Group
Email: rasmus.blomqvist@scandichotels.com
Phone: +46 702 335 367

Tags: Scandic Hotels Group