Regulatory notice 37/2021
December 7, 2021
In the exercise window that opened on November 17, 2021 following Better Collective’s third quarter report and ended on December 2, 2021, 24 employees informed the company that they wished to exercise a total of 136,536 warrants under the 2017 warrant program.
The 2017 warrant program was established before the company’s IPO and the warrants were issued in 2017 and 2018. Reference is made to appendix 2 of the company’s articles of association for the detailed conditions of the warrants.
As of November 17, 2021, 453,990 warrants remained in circulation under the 2017 warrant program, all with the right to subscribe to 1 ordinary share of Better Collective A / S against payment of an exercise price of DKK 12.963 per warrant.
Today, the board of directors of Better Collective has decided to proceed with the capital increase linked to the exercise of the warrants.
The new shares will be issued through VP Securities under the Company’s ordinary ISIN DK0060952240 and will be listed and traded on Nasdaq Stockholm after registration of the new share capital with the Danish Business Authority.
The new shares will result in a dilution of approximately 0.3% for the existing shareholders of Better Collective A / S.
The total share capital of Better Collective A / S at the end of the issue is nominally EUR 546,251.57 composed of 54,625,157 shares of EUR 0.01 each.
Investor Relations: Christina Bastius Thomsen +45 2363 8844, e-mail: [email protected]
This information is information that Better Collective A / S is obligated to make public in accordance with the Nasdaq Stockholm Issuer Rules. The information has been submitted for publication, through the contact person indicated above, on December 7, 2021 at 6:00 p.m. CET.
About Better Collective
Better Collective is a global sports betting media group providing platforms that enhance and improve the betting experience for sports fans and iGamers. Aiming to make betting and gambling more entertaining, transparent and fair, Better Collective offers a range of editorial content, bookmaker information, data information, betting tips, iGaming communities and tools. educational. Its website portfolio includes bettingexpert.com, VegasInsider.com, HLTV.org, and Action Network. Better Collective is headquartered in Copenhagen, Denmark, and is listed on Nasdaq Stockholm (BETCO). More information on bettercollective.com.
Regulatory notice BC 37_2021 warrants 2021.12.07