Without preferential rights for existing shareholders.

Pre-emption 1:2. Shareholders receive one (1) subscription right for each one (1) share. Two (2) subscription rights entitle the holder to subscribe for one (1) new share.

Preference right 1:1. Anyone who on the record day is a shareholder in ESEN has the right to subscribe for Units in the share issue, whereby one (1) existing share entitles to subscribe for one (1) new Unit. Each unit contains one (1) new share and one (1) warrants of series 2020.

Amount of offered shares 4 846 847.

The rights issue is secured at 10 percent, equivalent to SEK 0.2 million, through subscription commitments from representatives of the Company's Board of Directors and management. Four (4) Warrants entitle to subscribe for one (1) new share at a price corresponding to 70 percent of the volume weighted average price according to the Spotlight Stock Markets official price list for shares in the Company during 30 trading days prior to April 30, 2020, but at least 0.42 SEK and a maximum of SEK 1.26. However, the subscription price may never be lower than the share's quota value. In the event that the Rights Issue and the Warrants are fully exercised for subscription of shares, an additional 1,211,711 shares will be issued through the Warrants, corresponding to an increase of the share capital by SEK 217,464.29. Through the Warrants, the Company can receive a maximum of approximately SEK 1.5 million, before issue costs.

Read the full ESEN eSports AB press release about this event

Four (4) Warrants entitle to subscribe for one (1) new share at a price corresponding to 70 percent of the volume weighted average price according to the Spotlight Stock Markets official price list for shares in the Company during 30 trading days prior to April 30, 2020, but at least 0.42 SEK and a maximum of SEK 1.26. However, the subscription price may never be lower than the share's quota value. In the event that the Rights Issue and the Warrants are fully exercised for subscription of shares, an additional 1,211,711 shares will be issued through the Warrants, corresponding to an increase of the share capital by SEK 217,464.29. Through the Warrants, the Company can receive a maximum of approximately SEK 1.5 million, before issue costs.