Convertible bonds with a nominal amount of 19 million SEK have been converted into shares, and thereby all outstanding convertible bonds have been converted

 In 2021, Scandic Hotels Group AB (publ) (“Scandic”) issued convertible bonds with a total nominal amount of 1,800 million SEK. The remaining convertible bonds, with a total nominal amount of 19 million SEK, have as of today been converted into shares.

 Through the conversion, the number of shares and votes increases by 438,168 to a total of 219,157,922. The share capital increases by 109,542 SEK to a total of 54,789,480.50 SEK through the conversion. After the conversion, there are no more outstanding convertible bonds.

 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