Morrow Bank AB ("Morrow Bank" or the "Company") hereby announces that the Chairman of the Board, Niklas Midby, has divested shares in the Company for the purpose of financing the subscription of warrants under the Company's warrant programme, and that Board member Carl-Åke Nilson has acquired shares in the Company.
Niklas Midby (Chairman)
On 25 May 2026, the Chairman of the Board, Niklas Midby, divested a total of 72,500 shares in Morrow Bank AB as follows:
The divestments have been carried out for the purpose of financing Niklas Midby's subscription of 400,000 warrants under the Company's warrant programme, which was resolved by the Annual General Meeting on 28 April 2026 and announced through the Company's press release "Morrow Bank AB: Notification of transactions conducted by persons discharging managerial responsibilities" on 25 May 2026. The premium for the warrants amounts to SEK 2.74 per warrant, corresponding to a total of SEK 1,096,000. Each warrant entitles the holder to subscribe for one (1) new share in Morrow Bank AB at a subscription price of SEK 14.00 per share during the period from the date of registration of the warrants with the Swedish Companies Registration Office (Bolagsverket) up to and including 31 December 2029.
Following the completed transactions, Niklas Midby, together with closely associated persons, holds 500 shares and 400,000 warrants in Morrow Bank AB. Overall, the transactions result in an increase in Niklas Midby's financial exposure to the Company, as the underlying number of shares represented by the warrants substantially exceeds the number of shares divested.
Carl-Åke Nilson (Board member)
On 25 May 2026, Board member Carl-Åke Nilson acquired 15,000 shares in Morrow Bank AB in an off-market transaction from the Chairman of the Board, Niklas Midby, at a price of SEK 12.84 per share, corresponding to a transaction value of SEK 192,600.
Following the completed transaction, Carl-Åke Nilson, together with closely associated persons, holds 15,000 shares in Morrow Bank AB.
Notification to the Swedish Financial Supervisory Authority
Notification will be made to the Swedish Financial Supervisory Authority (Finansinspektionen) within the prescribed time limit in accordance with Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (MAR).