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Desenio Group AB Capital/Financing Update 2025
8359_rns_2025-03-03_c5ee4bb8-1277-44c1-a32d-ec018240a953.pdf
Capital/Financing Update
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PRESS RELEASE 03 March 2025 12:20:00 CET
The Swedish Securities Council grants exemption from the mandatory bid requirement to certain bondholders in Desenio
As set out in the press release published by Desenio Group AB (publ) ("Desenio") on 27 February 2025, the ad hoc committee of holders of Desenio's outstanding senior secured bonds 2020/2025 with ISIN SE0015242839 (the "AHC" and the "Existing Bonds", respectively) and NT Refectio XII AS ("Refectio") together with the other holders of Existing Bonds stated in the press release (the "Other Bondholders") have submitted an application to the Swedish Securities Council (the "SSC") for an exemption from the mandatory bid requirement due to the shareholders' agreement which is intended to be entered into among these parties.
Desenio has been informed that the AHC, Refectio and the Other Bondholders have been granted an exemption from the mandatory bid requirement from the SSC through the ruling AMN 2025:09. The ruling will be available on the SSC's website.
For information on the maximum possible ownership of Desenio's shares for each of the parties of the shareholders' agreement intended to be entered into following the contemplated set-off issue, please refer to the press release published on 27 February 2025.
For further information, please contact:
Fredrik Palm, CEO, [email protected], +46 70 080 76 37 Johan Roslund, CFO, [email protected], +46 73 744 60 87 Johan Hähnel, Head of IR, [email protected], +46 706 05 63 34
About Desenio Group
Desenio Group is the leading e-commerce company within affordable wall art in Europe, with a growing presence in North America. We offer our customers a unique and curated assortment of about 9,000 designs as well as frames and accessories in 37 countries via 44 local websites and are steadily expanding to new markets.
Desenio Group is well positioned to build upon our dynamic growth model, including our proprietary technical platform, industrialized creative processes and efficient customer acquisition approach.
We are headquartered in Stockholm, Sweden, with fulfilment centres in Sweden, Czech Republic and USA. Our share is traded on Nasdaq First North Growth market, under the ticker "DSNO".
PRESS RELEASE 03 March 2025 12:20:00 CET
Certified Adviser
FNCA Sweden AB is the company's certified adviser.
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The Swedish Securities Council grants exemption from the mandatory bid requirement to certain bondholders in Desenio