DeMina Skolintressenter AB announces final outcome of the recommended cash offer to the shareholders of Atvexa

On 11 July 2022, Peter Weiderman, Lars Brune, Sara Karlin and Katarina Sjögren (together the "Offeror Group"), through DeMina Skolintressenter AB ("DeMina"), announced a recommended public tender offer to the shareholders of Atvexa AB (publ) ("Atvexa") to transfer all their shares in Atvexa to DeMina for a consideration of SEK 88 per B-share ("the Offer"). On 11 August 2022, DeMina announced that the Offer is being completed and that the acceptance period has been extended until 19 August 2022. Following the extended acceptance period, the Offer has been accepted to such an extent that, following completion of the Offer, DeMina holds approximately 99.5 per cent. of the shares and approximately 99.9 per cent. of the votes in Atvexa. DeMina is not extending the acceptance period further and the Offer is now closed.

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The outcome of the Offer

During the initial acceptance period, which expired on 9 August 2022, the Offer had been accepted by shareholders representing 3,720,797 B-shares in Atvexa, corresponding to approximately 30.6 percent of the shares and approximately 5.3 percent of the votes. During the extended acceptance period expiring on 19 August 2022, the Offer had been accepted by shareholders representing an additional 58,991 B-shares in Atvexa, representing approximately 0.5 per cent. of the shares and approximately 0.1 per cent. of the votes.

The Offeror Group held, directly or indirectly, 6,482,992 A-shares and 1,818,197 B-shares in Atvexa, corresponding to approximately 68.4 per cent of the shares and approximately 94.5 per cent of the votes, at the time of announcement of the Offer. In connection with the Offer being declared unconditional on 11 August 2022, the Offeror Group tendered all of its shares in Atvexa to DeMina.

Following completion of the Offer, DeMina will control 6,482,992 A-shares and 5,597,985 B-shares in Atvexa, corresponding to approximately 99.5 percent of the shares and approximately 99.9 percent of the votes. Settlement of the shares tendered during the extended acceptance period is expected to commence on or about August 26, 2022.

Neither DeMina nor the Offeror Group has acquired shares in Atvexa outside the Offer. Nor does DeMina or the Bidder Group hold any other financial instruments that provide a financial exposure to Atvexa's shares.

Compulsory redemption and delisting

DeMina intends to call for compulsory redemption of the remaining shares in Atvexa and will seek the delisting of Atvexa's B-share from Nasdaq Stockholm.

Advisor

SEB Corporate Finance, Skandinaviska Enskilda Banken AB ("SEB") and Nordea Corporate Finance, part of Nordea Bank Abp, branch in Sweden, ("Nordea") are acting as financial advisors and KANTER Advokatbyrå is acting as legal advisor to DeMina in connection with the Offering.

Information about the Offer

Information on the Offer is available at www.demina-offer.com

Contact person

Sara Karlin, Chairman of Atvexa and DeMina contact
E-mail: sara_karlin@yahoo.se
Tel: 076 22 68 503

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See the full press release

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