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Skandinaviska Enskilda Banken AB (publ) (”SEB” or the “Global Coordinator”) has today notified Linc AB (publ) (“Linc” or the “Company”) and Bengt Julander (the “Principal Shareholder”) that the over-allotment option has been exercised in full and that the stabilisation period has ended.
In connection with the initial public offering of Linc and the listing of the Company's shares on Nasdaq Stockholm on 28 May 2021 (the "Offering"), the Principal Shareholder granted the Global Coordinator an option to purchase an additional of up to 2,238,805 existing shares in Linc to cover any over-allotment in connection with the Offering (the “Over-Allotment Option”), exercisable in whole or in part within 30 days after the date on which Linc’s shares commenced trading on Nasdaq Stockholm. The Over-Allotment Option has been exercised in full.
No price stabilisation activities have been carried out since the Offering, and due to the Company’s share price performance SEB has, as stabilising manager, decided to end the stabilisation period.