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Press release

Biosergen AB: Biosergen allocates shares to an underwriter in connection with the completed rights issue

Biosergen

As previously communicated in connection with the Rights Issue, the underwriters, in accordance with the underwriting agreements, had the opportunity to choose to receive underwriting compensation either in the form of cash or newly issued units in the Company at the same terms as in the Rights Issue. One of the underwriters has chosen to receive the underwriting compensation in the form of newly issued units, corresponding to a total of 55,000 units, i.e. 275,000 shares and 165,000 warrants of series TO2.

Payment in the Compensation Issue has been made by offsetting the underwriter's claim for underwriting compensation. The subscription price is set to SEK 15 per unit, which corresponds to the subscription price in the Rights Issue. Through the allocation in the Compensation Issue, the number of shares in Biosergen increases by 275,000 shares to a total of 42,427,660 shares, and the share capital increases by a total of SEK 6,875.00 to approximately SEK 1,060,691.50. The dilution due to the allocation in the Compensation Issue amounts to approximately 0.65 percent. If all warrants of series TO2 allocated in the Compensation Issue are converted into shares, the additonal dilution due to the Compensation Issue amounts to approximately 0.39 percent.

Advisers
Mangold Fondkommission AB is the financial adviser to Biosergen in connection with the Rights Issue and Compensation Issue. Advokatfirman Lindahl KB is the legal adviser to the Company in connection with the Rights Issue and Compensation Issue.

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