Kim Bjørn Pedersen withdraws from Rebo acquisition financing and resigns from board

Board member Kim Bjørn Pedersen has withdrawn from Mendole A/S's announced DKK 38 million debt financing for the Rebo acquisition. Pedersen informed the company on September 23, 2026, that he is retracting his DKK 18 million acquisition loan and the DKK 20 million Skjern Bank facility he had secured. This decision stems from the fact that the equity raised in the company's ongoing offering has not reached the level he expected when making the commitment.

Mendole A/S has also announced that Pedersen is resigning from his position on the company's board of directors. The acquisition in question involves the company Rebo. Specifics regarding the terms of the deal or Rebo's business operations have not been detailed in the announcement, though it was indicated to be a significant acquisition for Mendole.

The withdrawal of this financing, tied to Pedersen's commitment, highlights the impact of the company's equity offering falling short of expectations. This situation may raise questions about Mendole's future financing arrangements and its ability to execute its strategic plans.

The company has stated that further information will be provided in due course. The announcement has been classified as inside information.