MENDUS AB Press Release
At the annual general meeting of
Reverse share split
To enable the reverse share split and otherwise adapt the limits of the articles of association for share capital and number of shares, the meeting also resolved to amend the limits of the share capital and number of shares in the articles of association. The Swedish Companies Registration Office has registered these resolutions and the board of directors has now resolved that the record date for the reverse share split shall be
The Company’s shareholders do not need to take any measures to participate in the reverse share split. Shareholders will automatically receive a new, lower, number of shares in proportion to their holding on the record date on
Through the reverse share split, the number of shares in the Company decreases from 1,007,191,573 to 50,359,578. Further, the reverse share split entails that the share's quota value will increase from
As a result of the reverse share split, the ISIN code of the Company’s share will change. As of
Timetable
The following timetable applies for the reverse share split.
| Date | Measure |
| Last day of trading in the Company’s share before the reverse share split. | |
| First day of trading in the Company’s share after the reverse share split. As of this date, the share price reflects the effect of the reverse share split and the Company’s share will trade with the new ISIN code SE0022239950. | |
| Record date for the reverse share split. | |
| The new number of shares is expected to be registered in each shareholder's securities account. |
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