ANTCO has entered a conditional agreement to acquire stakes in four companies from Option One AB for 6.6 million SEK, subject to shareholder approval.

Target Company Overview

ANTCO Investment Group AB (publ) has entered into a conditional agreement to acquire shares from Option One AB, encompassing a total of four stakes. The transaction includes a 6.3% stake in Gee-nius Investments & Holdings AB (publ), a 1.4% stake in By Mates AB (publ), a 1.0% stake in Health Innovation by Trion AB, and a 0.7% stake in Jiroy AB. This acquisition is subject to the approval of an extraordinary general meeting scheduled for January 8 at Option One AB.

The total purchase price for the acquisition is set at 6.6 million SEK. ANTCO's board intends to execute a compensation issue by issuing new B shares at a price of 1.43 SEK per share, which will serve as payment for the transaction. Following the completion of this transaction, ANTCO's share capital will amount to 704,588.896 SEK, with a total of 16,013,384 shares, consisting of 800,000 A shares and 15,213,384 B shares. The registration and allotment of the shares are expected to occur within two weeks after the extraordinary general meeting on January 8 approves the transaction. This transaction will result in an approximate dilution of existing shareholders by 28.9%.

Industry Overview in Sweden

Sweden has a dynamic investment landscape characterized by a strong emphasis on innovation and technology. The country's investment market has seen considerable growth over the past few years, with venture capital and private equi