FLERIE
Flerie and Biosergen have agreed on a merger plan – Flerie’s first new investment since its listing on Nasdaq Stockholm
Today, on 26 June 2026, Flerie AB (publ) (”Flerie”) and Biosergen AB (“Biosergen”) (together the ”Companies”) jointly announce that the Board of Directors of Flerie and the Board of Directors of Biosergen have adopted a plan to join forces through a statutory merger between the Companies in accordance with the Swedish Companies Act (Sw. aktiebolagslagen) (the ”Merger”). The Merger constitutes Flerie’s first new investment since the company’s listing on Nasdaq Stockholm and will be implemented by Biosergen being absorbed by Flerie. Following the completion of the Merger, Biosergen’s operations will be contributed to a new subsidiary of Flerie’s wholly owned subsidiary, Flerie Invest AB. The Merger is conditional upon, inter alia, approvals at Extraordinary General Meetings in both Companies. Shareholders representing approximately 69.6 percent of the shares and votes in Biosergen, including the company’s largest shareholders Östersjöstiftelsen and Ribbskottet Aktiebolag, have provided voting undertakings to vote in favour of the Merger at Biosergen’s Extraordinary General Meeting. In addition, Flerie's principal shareholder, Thomas Eldered, through his companies T&M Participation AB and T&M Förvaltning AB, has undertaken to vote in favour of the Merger and related resolutions at the Extraordinary General Meeting in Flerie. In connection with the Merger, Biosergen is carrying out a rights issue of up to 79,839,888 new shares at a subscription price of SEK 0.50 per share, covered by subscription and guarantee undertakings corresponding to 100 percent (the “Rights Issue”). The Merger Consideration for Biosergen’s shareholders, comprising newly issued ordinary shares in Flerie, values Biosergen at approximately SEK 54.7 million, representing a premium of approximately 33 percent to Biosergen’s post-money value in the Rights Issue.