Certain Shares of BHG Group AB are subject to a Lock-Up Agreement Ending on 7-JUN-2023.
June 06, 2023
Share
Certain Shares of BHG Group AB (publ) are subject to a Lock-Up Agreement Ending on 7-JUN-2023. These Shares will be under lockup for 183 days starting from 6-DEC-2022 to 7-JUN-2023.
Details:
Subject to the Share Issue being carried out, the Company has, in favour of Carnegie, Danske Bank and SEB, subject to customary exemptions, agreed not to issue further shares for a period of 180 calendar days from the first settlement date of the Share Issue. In addition, the Company's board of directors and senior executives have, subject to the Share Issue being carried out, in favour of Carnegie, Danske Bank and SEB, agreed not to divest any shares in BHG during a period of 90 calendar days from the first settlement date of the Share Issue, subject to certain exemptions
BHG Group AB, formerly Bygghemma Group First AB, is a Sweden-based online provider of home improvement products. The Companyâs operations comprise two segments: DIY and Home furnishing. The DIY segment includes do it yourself products for home and garden improvement. It comprises such online stores as bygghemma.se, netrauta.fi, taloon.com, frishop.dk, badshop.se, talotarvike.com, stonefactory.se, golvpoolen.se, lindstromsbad.se, vitvaruexperten.se, tvexperten.se, among others, as well as showrooms. The Home furnishing segment sells furniture and decor. It includes such online stores as trademax.se, chilli.se, kodin.fi, furniturebox.se, myhomemobler.dk and wegot.se, among others, as well as showrooms. The Company operates in Sweden, Finland, Norway and Denmark.