Xer Tech Holding AB (publ): Monarch Marine Holding Ltd. is streamlining its operations and has resolved to distribute its holding in Xer Tech Holding predominantly to its shareholders, who will assume the lock-up undertaking.
Xer Tech Holding AB (publ) ("Xer Tech Holding" or "the Company") hereby announces that the Company has received information that the Company's second-largest individual shareholder, Monarch Marine Holding Ltd. ("Monarch"), is streamlining its shipping operations and has therefore resolved to distribute Monarch's entire holding in Xer Tech Holding predominantly to its shareholders as a distribution in kind. Monarch's lock-up undertaking will be assumed in full.
Monarch has resolved to carry out a distribution in kind of its entire holding in Xer Tech Holding, whereby 14,378,000 shares (corresponding to approximately 24.5 per cent of the shares and votes in the Company) will be distributed according to Monarch's instructions. Following the distribution in kind, Monarch will not hold any shares in the Company.
Monarch has three shareholders with the two largest shareholders being Cresta Group Ltd. ("Cresta") and Riton Holding Ltd. ("Riton"). Through the distribution in kind, Cresta will receive 6,560,351 shares (corresponding to approximately 11.2 per cent of the shares and votes in the Company) and Riton will receive 3,673,687 shares (corresponding to approximately 6.3 per cent of the shares and votes in the Company). Neither Cresta nor Riton hold any shares in the Company today. All new shareholders in Xer will assume the lock-up undertaking entered into by Monarch in connection with the reversed takeover. For further information regarding the reversed takeover and the lock-up undertaking, please see the press release that was published on 11 November 2025.
The distribution in kind is subject to approval by the Swedish Agency for Strategic Products under the Foreign Direct Investment Act. When the distribution in kind has been completed, the Company will announce the changes in ownership in accordance with Spotlight's rules for companies listed on Spotlight.
This disclosure contains information that Xer Tech Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 13-07-2026 19:10 CET.