BTC AB announces the outcome of the rights issue
On 5 June 2026 B Treasury Capital AB’s ("BTC AB" or the "Company”) announced a rights issue of maximum 195,078 preference A shares (“BTC PREF”) with preferential rights for existing Class B shareholders at a subscription price of SEK 120.00 per BTC PREF (the "Rights Issue"). The subscription period in the Rights Issue ended on 30 June 2026. In total, 29,192 BTC PREF were subscribed for by exercise of subscription rights, corresponding to approximately 15.0 percent of the Rights Issue. In addition, 72,833 BTC PREF were subscribed for without subscription rights, corresponding to approximately 37.3 percent of the Rights Issue. Accordingly, the Rights Issue was subscribed to a total of approximately 52.3 percent. Through the Rights Issue, the Company will thus receive gross proceeds of approximately SEK 12.2 million, before issue costs.
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, WHETHER DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR IN ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES.
Subscription and allotment
The subscription summary shows that 29,192 BTC PREF were subscribed for by exercise of subscription rights, corresponding to approximately 15.0 percent of the Rights Issue. In addition, 72,833 BTC PREF were subscribed for without subscription rights, corresponding to approximately 37.3 percent of the Rights Issue. Accordingly, the Rights Issue was subscribed to a total of approximately 52.3 percent. Through the Rights Issue, the Company will thus receive gross proceeds of approximately SEK 12.2 million, before issue costs. Issue costs amount to approximately SEK 0.3 million, resulting in net proceeds of approximately SEK 11.9 million.
Allotment of shares subscribed for without subscription rights has been made in accordance with the allotment principles described in the simplified information document that was prepared in connection with the Rights Issue and published by the Company on 15 June 2026 (the "Information document"). Notification regarding allotment will be made by posting a settlement note to each subscriber. Allotted shares shall be paid for in accordance with the instructions in the settlement note.
Change in share capital and number of shares
Through the Rights Issue the share capital will increase by SEK 51.0125, from SEK 500,416.7505 to SEK 500,467.7630 and the number of shares will increase by 102,025 BTC PREF, from 1,000,833,501 shares to 1,000,935,526 shares (consisting of 499,999,900 Class A shares, 780,313 Class B shares, 499,992,888 Class C shares and 162,425 BTC PREF). This corresponds to a dilution of approximately 0.010 percent of the share capital and approximately 0.002 percent of the votes.
Eminova Partners acts as financial advisor in connection with the Rights Issue. Aqurat Fondkommission AB acts as issuing agent in connection with the Rights Issue.
Christoffer De Geer, CEO
Email: hello@btc.se
Website: www.btc.se
BTC AB is a Sweden based company with Bitcoin as its core reserve asset. The Company is a pure play Bitcoin treasury company operating under a Swedish corporate equity structure. As a dedicated operator in Bitcoin treasury management, BTC AB focuses on acquiring, securing and maintaining Bitcoin as part of a long term capital strategy. BTC AB is listed on Spotlight Stock Market.
This information is information that B Treasury Capital AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication through the agency of the contact person set out above on 2 July 2026 at 08:30 CEST.
The information in this press release does not constitute an offer to acquire, subscribe for or otherwise trade in shares, preference shares, subscription rights or other securities in BTC AB. No action has been taken, and no action will be taken, to permit a public offering in any jurisdiction other than Sweden. Invitation to eligible persons to subscribe for BTC PREF in BTC AB will only be made through the information document published by the Company.
The information in this press release may not be released, published or distributed, directly or indirectly, in or into the United States, Australia, Belarus, Hong Kong, Japan, Canada, New Zealand, Russia, Switzerland, Singapore, South Africa or South Korea or any other jurisdiction where such action would be unlawful, subject to legal restrictions or require measures other than those required under Swedish law. Any action in violation of this instruction may constitute a breach of applicable securities legislation. This press release does not constitute an offer or invitation to acquire or subscribe for securities in the United States. No shares, preference shares, subscription rights or other securities issued by the Company, the “Securities”, have been or will be registered under the United States Securities Act of 1933, the “Securities Act”, or the securities legislation of any state or other jurisdiction in the United States, and no Securities may be offered, subscribed for, exercised, pledged, sold, resold, delivered or transferred, directly or indirectly, in or into the United States, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with the securities legislation of the relevant state or other jurisdiction in the United States. The Securities have neither been approved nor registered, and will not be approved or registered, by the United States Securities and Exchange Commission, any state securities authority or any other authority in the United States. Nor has any such authority assessed or expressed an opinion on the offering or the accuracy and reliability of the information document. To assert otherwise is a criminal offence in the United States.
This press release is not a prospectus within the meaning of Regulation (EU) 2017/1129, the “Prospectus Regulation”, and has not been approved by any regulatory authority in any jurisdiction. In an EEA Member State other than Sweden, this communication is only intended for and directed only at “qualified investors” in the relevant Member State within the meaning of the Prospectus Regulation.
In the United Kingdom, this document and other materials relating to the securities referred to herein are distributed and directed only to, and any investment or investment activity to which this document relates is available only to and will be engaged in only with, “qualified investors” within the meaning of the UK version of Regulation (EU) 2017/1129, which forms part of UK law by virtue of the European Union Withdrawal Act 2018, who are (i) persons having professional experience in matters relating to investments and who fall within the definition of “investment professionals” in article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, the “Order”, (ii) “high net worth entities” etc. as referred to in article 49(2)(a) to (d) of the Order, or (iii) such other persons to whom such investment or investment activity may lawfully be directed under the Order, all such persons together being referred to as “relevant persons”. Any investment or investment activity to which this communication relates is available in the United Kingdom only to relevant persons and will be engaged in only with relevant persons. Persons who are not relevant persons should not take any action based on this document and should not act or rely on it.
This press release contains certain forward-looking information that reflects the Company’s current view of future events as well as financial and operational development. Words such as “intends”, “assesses”, “expects”, “may”, “plans”, “believes”, “estimates” and other expressions that indicate predictions or indications of future development or trends, and that are not based on historical facts, constitute forward-looking information. Forward-looking information is by its nature associated with both known and unknown risks and uncertainties, since it depends on future events and circumstances. Forward-looking information does not constitute a guarantee of future results or development, and actual outcomes may differ materially from what is expressed or implied in forward-looking information.
Tags: