26.5.2021 17:28:50 CEST | Valuer |
Company Announcement
Company Announcement No. 15-2021Copenhagen, May 26th, 2021
Today, the Board of Directors of Valuer has exercised part of its current authorization to issue atotal of 218.500 new warrants. Of those are 57,500 allocated to Susanne Larsson, who hasbeen appointed as member of the Board of Directors. The remaining 161,000 of the newwarrants have been allocated to key employees of Valuer. After this issue, 3,224.000 warrantscorresponding to 71,6% of the original authorization to issue warrants remain.The exercise price is fixed at DKK 4.23 per share corresponding to five-day average share pricefrom 18 May to 25 May 2021. The warrants will vest over 36 months starting from today and aresubject to the existing lock-up agreements as described in the growth prospectus. Warrants thathave not been exercised before 31 December 2028 will lapse automatically. Warrants can beexercised for a period of four weeks after the Company’s announcements of the annual reportand half-year report.The theoretical market value of one warrant granted is DKK 1.24 (calculated using the BlackScholes model). The key assumptions for the calculation are a share price of DKK 4.40, anexercise price of DKK 4,23, volatility of 25%, and a risk-free interest rate of 0,00%.The warrants include conditions on accelerated vesting in case of change of control, e.g. atakeover bid, merger or delisting. The warrants are issued in accordance with article 3 of theArticles of Association.The specific terms of warrants issued by the Company can be found in the growth prospectusand in the Articles of Association on www.investors.valuer.ai.For further information:Dennis PoulsenCEO and Co-founderTel: +45 51 15 95 12dp@valuer.aiSteffen HeegaardInvestor Relations contactTel: (+45) 40 25 35 24shee@outlook.dkJesper Skaarup VestergaardCertified AdvisorGrant ThorntonTel: (+45) 31 79 90 00jesper.vestergaard@dk.gt.com
Contacts
Dennis Poulsen, CEO and Co-founder, +45 5115 9512, dp@valuer.ai
About Valuer
Valuer is a data-driven platform powered by advanced AI algorithms that helps corporations, accelerators, and venture funds with the discovery of relevant innovative technology, identifying new market opportunities, and prioritizing strategic initiatives to fuel their business development.
Attachments
Download announcement as PDF.pdf
