Scandi Standard Extraordinary General Meeting Approves Rights Issue

Scandi Standard AB's Extraordinary General Meeting (EGM) on Tuesday, August 26, 2026, approved the rights issue that the company announced on July 30, 2026. The EGM also approved the payment of underwriting commitment fees to certain major shareholders, thereby satisfying a condition for their underwriting commitments.

The rights issue will involve the issuance of 3,268,143 new ordinary shares. The subscription price for each ordinary share has been set at SEK 125. The company stated that the entire rights issue is consequently covered by subscription and underwriting commitments.

By approving the payment of underwriting fees, the company has ensured that the necessary financial backing is in place for the full subscription and underwriting of the new shares.

Scandi Standard is a Scandinavian food company specializing in poultry products.