Terranet: Record dates for allotment of warrants of series T

Terranet: Record dates for allotment of warrants of series TO4 B and TO5 B have been set to May 5 and May 14, 2021, respectively


(1)
As Terranet AB ("Terranet" or the "Company") communicated on April 22, 2021, the board of directors decided to issue warrants of series TO4 B and TO5 B (the "Warrants") to the current shareholders of Terranet who, on each record date, holds shares in the Company. The Warrants were issued as part of the financing arrangements in relation to the acquisition of approximately 11% of the high-tech AR/VR company holoride.
The record date to receive warrants of series TO4 B has been set to May 5, 2021. Therefore, the last day of trading in the Company's share including the right to receive warrants of series TO4 B is May 3, 2021, and the first day of trading in the Company's share excluding the right to receive warrants of series TO4 B is May 4, 2021. Shareholders of Terranet will receive one (1) warrant of series TO4 B for every thirty-seven (37) shares held on the record date. A total of 7,159,817 warrants of series TO4 B will be issued to shareholders of Terranet.

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