Stockwik has resolved on a directed share issue of 900,000 shares to ENDI Corp at SEK 23 per share, subject to FDI clearance

The board of directors of Stockwik Förvaltning AB (“Stockwik” or the “Company”) has, based on the authorisation granted by the annual general meeting on 16 May 2025, resolved on a directed share issue of 900,000 shares (the “Share Issue”) to ENDI Corp at a subscription price of SEK 23 per share, subject to FDI clearance.

Summary

• The Company issues 900,000 shares to ENDI Corp based on the authorisation granted by the annual general meeting on 16 May 2025.
• The subscription price of SEK 23 per share represents a premium of 10 per cent compared to the closing price of the Company’s share on Nasdaq Stockholm on 7 October 2025.
• ENDI Corp’s subscription for the shares in the Share Issue and the completion of the Share Issue is conditional upon that the Swedish Inspectorate for Strategic Products (Sw. Inspektionen för strategiska produkter) (the “ISP”) grants clearance of ENDI Corp’s investment in Stockwik (the “FDI Clearance”) pursuant to the Swedish Screening of Foreign Direct Investments Act (Sw. lagen (2023:560) om granskning av utländska direktinvesteringar) (the “FDI Act”). ENDI Corp has initiated the work on submitting the relevant notifications to the ISP and expects to receive the FDI Clearance in November 2025. If the FDI Clearance has not been obtained by 31 December 2025, ENDI Corp and the Company has a reciprocal right to terminate ENDI Corp’s subscription undertaking and abort the Share Issue.
• In connection with the Share Issue, the board members of the Company Rune Rinnan, Olof Nordberg and Oskar Lindström (acting through holding companies and privately) sell all their shares, representing approx. 14.1 per cent of the total number of shares and votes in the Company before the Share Issue, to ENDI Corp (738,070 shares), Henrik Scharp (80,000 shares, through a holding company) and the board member Anders Lindqvist (70,000 shares, through a holding company) at the same price per share as the subscription price in the Share Issue (the “Block Trade”), subject to ENDI Corp’s receipt of the FDI Clearance. If the FDI Clearance has not been obtained by 31 December 2025, each buyer and seller has a reciprocal right to terminate the share purchase agreements and abort the Block Trade.
• Upon completion of the Share Issue, the Company will receive gross proceeds of SEK 20.7 million (before transaction costs) and ENDI Corp as a new main shareholder, who through the Share Issue and the Block Trade will become the owner of 22.7 per cent of all shares and votes in the Company.
• Upon completion of the Block Trade, Henrik Scharp increases his shareholding to 6.2 per cent and Anders Lindqvist increases his shareholding to 2.3 per cent of the total number of shares in the Company after the Share Issue.

Background and reasons