DistIT AB — Capital/Financing Update 2021

May 10, 2021

Press Release

10 May 2021 18:01:00 CEST

DIST IT

DistIT calls for early redemption of its outstanding notes

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW.

DistIT AB (publ) ("DistIT" or the "Company") has today given notice to all holders of the Company's maximum SEK 500,000,000 senior unsecured callable floating rate notes 2018/2022 with ISIN SE0011166842 (the "Notes") that the Company exercises its option for early redemption of the Notes in full.

The date for the redemption will be 4 June 2021 (the "Redemption Date") and the record date for the redemption will be 28 May 2021 ("Record Date").

The Notes will be irrevocably redeemed on the redemption date at a redemption price corresponding to 100.50 per cent. of the total outstanding nominal amount of the Notes (i.e. SEK 1,005,000 per Note), plus accrued but unpaid interest, in accordance with the terms and conditions for the Notes. The redemption amount will be disbursed to those being directly registered owners of Notes and to registered authorised nominees (Sw. förvaltare) of the Notes as of the Record Date in the debt ledger maintained by Euroclear Sweden. In connection with the redemption, the Notes will be delisted from the corporate bond list of Nasdaq Stockholm.

For further information on the early redemption, please refer to the Company's notice on early redemption, which will be available on the Company's website (www.distit.se).

The Company's notice of early redemption is governed by Swedish law. This communication is, for the avoidance of doubt, not an offer to purchase or sell financial.

Contacts:

Robert Rosenzweig, CEO DistIT AB
Phone: +46 70 768 50 42
Email: robert.rosenzweig@distit.se

Philip Gunnarsson, CFO DistIT AB
Phone: +46 73 086 96 82
Email: philip.gunnarsson@distit.se

DistIT AB • Glasfibergatan 8 • SE-125 45 Älvsjö

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About DistIT AB

DistIT acquires, owns and develops niche distributors of IT, mobility, consumer electronics, networking and data communications products in Europe. Companies within the DistIT Group deliver B2B as well as B2C products to the IT markets in Europe. The DistIT stock is listed on the Nasdaq First North Premier exchange and DistIT's Certified Adviser is Erik Penser Bank AB, e-mail certifiedadviser@penser.se, phone +46 8 463 83 00.

This information is information that DistIT is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-05-10 18:01 CEST.

Attachments

DistIT calls for early redemption of its outstanding notes

DistIT AB • Glasfibergatan 8 • SE-125 45 Älvsjö