NGS Group AB (publ) is carrying out a Rights Issue of shares with preferential rights for the Company's existing shareholders of up to SEK 35.2 million (before deduction for transaction costs), and a Directed Issue of shares of up to SEK 16.1 million (before deduction for transaction costs) targeted at strategic investors.

The offer in brief

• The purpose of the issues is to finance the Company's expansion in Norway and within the segments in Sweden where the Company sees significant growth potential and to strengthen the Company's financial position.

• The Rights Issue comprises a maximum of 10,827,438 new shares at a subscription price of SEK 3.25 per share, which, if fully subscribed, adds approximately SEK 35.2 million to the Company before deduction for transaction costs.

• For each (1) share held on the record date, April 2, 2024, one (1) is received subscription rights. Five (5) subscription rights entitle the holder to subscribe for six (6) new shares.

• Subscription period: 5 April to 26 April 2024.

• In connection with the Rights Issue, the Company has received subscription undertakings amounting to a total of approximately SEK 21.2 million, corresponding to approximately 60.4 percent of the Rights Issue from a number of the Company's major existing shareholders as well as CEO and members of the Company's board.

• Subscription rights that are not exercised during the subscription period become invalid and loses its value.

• If fully subscribed, the Rights Issue results in an increase of the Company's share capital of SEK 27,068,597.2406 and a maximum dilution of approximately 54.5 percent.

• The Directed Issue comprises a maximum of 4,962,577 new shares at a subscription price of SEK 3.25 per share, which, if fully subscribed, adds approximately SEK 16.1 million to the Company before deduction for transaction costs.

• If fully subscribed, the Directed Issue results in an increase of the Company's share capital of SEK 12,406,443.5270. Upon full subscription of both issues, the maximum dilution will be approximately 63.6 percent.

• The Company published a prospectus in connection with the Rights Issue and the Directed Issue on March 28, 2024. A supplementary prospectus was published on 24 April 2024.