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The Board of Directors of Synexo Group AB (publ) ("Synexo" or the "Company") has today, subject to approval by the Annual General Meeting, resolved on a new issue of shares of approximately SEK 4.4 million before deduction of transaction costs, with preferential rights for existing shareholders (the "Rights Issue"). The subscription price per share amounts to SEK 0.15. The Rights Issue is intended to finance acquisitions. The Rights Issue is covered to 34 percent by subscription commitments.

Summary of the Rights Issue

• Synexo Group proposes a rights issue of up to SEK 4.4 million, subject to General Meeting approval.
• Proceeds will fund the planned acquisition of Deploi AS and support further strategic opportunities. Please see separate press release regarding the acquisition of Deploi (link to press release)
• Subscription price set at SEK 0.15 per share.
• The Company has received subscription commitments amounting to approximately SEK 1.5 million, corresponding to approximately 34 percent of the Rights Issue. The subscription commitments have been provided by members of the Company's Board of Directors and related parties, including CEO, Sindre Sørlie, subscribing for a minimum of 2.9M shares (10% of rights issue)
• Shareholders of Synexo as of the record date, 28 May 2026, will have preferential rights to subscribe for new shares in the Rights Issue. The last day of trading in Synexo's shares including the right to receive subscription rights in the Rights Issue is 26 May 2026.
• The subscription period runs from 1 June 2026 up to and including 15 June 2026.
• One (1) existing share entitles the holder to one (1) subscription right. Eleven (11) subscription rights entitle the holder to subscribe for one (1) new share.
• Upon full subscription, up to 29.5 million new shares will be issued

Background and reason for the Rights Issue
As a listed company on Nordic Growth Market SME in Sweden, Synexo Group pursues a buy-and-build strategy. Through strategic acquisitions and organic growth, Synexo Group is aiming to position itself as a leading Nordic group within backup and recovery solutions. In line with this strategy, the Company's Board of Directors has resolved to carry out a rights issue of up to SEK 4.4 million in connection with the planned acquisition of Deploi AS, as well as to capitalize on other near-term strategic acquisition opportunities.

Terms of the Rights Issue

The Board of Directors of Synexo Group has today, subject to approval by the Annual General Meeting on 26 May 2026, resolved to carry out the Rights Issue. Each existing share held in the Company on the record date of 28 May 2026 entitles to one (1) subscription right. Eleven (11) subscription rights entitle the holder to subscribe for one (1) new share at a subscription price of SEK 0,15 per share. In total, a maximum of 29,493,155 shares will be issued. Upon full subscription in the Rights Issue, the Company will receive approximately SEK 4,4 million before deduction of issue costs.

The subscription period runs from and including 1 June 2026 up to and including 15 June 2026. Subscription rights that are not exercised during the subscription period will thereafter not be able to be exercised for subscription of shares and will thus lose their value. Trading in subscription rights will take place on Nordic SME Sweden from and including 1 June 2026 up to and including 10 June 2026 and trading in BTA (paid subscribed shares) during the period from and including 1 June 2026 up to and including 6 July 2026.

In the event that not all shares are subscribed for by exercise of subscription rights, the Board of Directors shall, within the maximum amount of the Rights Issue, resolve on the allocation of shares subscribed for without subscription rights, whereby allocation shall be made as follows: firstly, allocation shall be made to those who have subscribed for shares by exercise of subscription rights, regardless of whether the subscriber was a shareholder on the record date or not, pro rata in relation to the number of subscription rights exercised for subscription and, to the extent this is not possible, by drawing of lots; secondly, allocation shall be made to others who have applied for subscription without subscription rights, and in the event that these cannot receive full allocation, allocation shall be made pro rata in relation to the number of shares each has applied to subscribe for and, to the extent this is not possible, by drawing of lots.

Subscription commitments

The Company has received subscription commitments of up to approximately SEK 1.5 million, corresponding to approximately 34 per cent of the rights issue. The commitments have been provided by members of the Board of Directors, including Johan Österling and Peter Willbo, the Company's CEO Sindre Sørlie and advisor Kristian Spetalen. No compensation will be paid for the submitted subscription commitments. The undertakings are not secured by bank guarantee, blocked funds, pledges or similar arrangements.

Change in share capital, number of shares and dilution

Upon full subscription in the rights issue, the number of shares will increase by up to 29,493,155 shares, from 324,424,712 shares to a maximum of 353,917,867 shares, corresponding to a dilution effect of approximately 8 percent for shareholders who choose not to participate in the Rights Issue. The share capital will increase by up to SEK 294,931.55, from SEK 3,244,247.12 to a maximum of SEK 3,539,178.67. The quota value per share amounts to SEK 0.010.

Information Document
No prospectus will be prepared in connection with the Rights Issue. Instead, the Company will prepare and publish an information document in the form prescribed by the Prospectus Regulation (the "Information Document"). The Information Document will be prepared in accordance with the requirements set out in Annex IX of the Prospectus Regulation. The Information Document is expected to be published on the Company's website, https://synexo.group/, prior to the commencement of the subscription period.

Indicative Timetable for the Rights Issue

Subject to approval by the General Meeting

The rights issue is subject to approval by the General Meeting on 26 May 2026. Final dates will be confirmed in connection with the publication of the notice to the General Meeting.

This information is information that Synexo Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 2026-04-21 12:50 CET.

For further information, please contact: 

Sindre Sørlie, CEO / [email protected] /+47 970 14 908 

Haavard Traa, CFO / [email protected] / +47 959 49 356

Website: https://Synexo.group

About us

Synexo Group AB (publ) is a Nordic technology group listed on Nordic SME in Sweden.
The company is building a platform for long-term growth within backup, recovery and data protection, with a focus on recurring revenue and high operational efficiency.

Through a buy-and-build strategy, the company combines organic growth with strategic acquisitions to consolidate the Nordic market and establish itself as a leading provider of data protection and recovery services.

The company currently owns two Nordic "Backup-as-a-Service" businesses - Backupbuddy AS and Backupbanken AS - which together form a solid foundation with pure ARR revenue and low capital intensity.

Synexo Group's strategy is to create value through the acquisition and integration of profitable companies within backup, SaaS, IT security and data protection, generating cost synergies across infrastructure, licenses and operations, and strengthening customer trust through Nordic data storage that ensures regulatory compliance, data sovereignty and high security.

The goal is to build a Nordic "mini-Constellation Software" company with stable returns and international expansion potential.

Important information

The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to legal restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such legal restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Synexo in any jurisdiction, neither from Synexo nor from someone else.

This press release is not a prospectus for the purposes of the Regulation (EU) 2017/1129 of the European Parliament and of the Council (the "Prospectus Regulation") and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the Rights Issue.

This press release does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in the Company. The information contained in this announcement relating to the Issues is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this press release or its accuracy or completeness. 

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of such securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into the United States, Australia, Belarus, Canada, Hong Kong, Japan, New Zeeland, Russia, Singapore, South Africa, South Korea, Switzerland or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, "qualified investors" who are (i) persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it.

Forward-looking statements

This press release contains forward-looking statements that reflect the Company's intentions, beliefs, or current expectations about the Company's future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "intend", "may", "plan", "estimate", "will", "should", "could", "aim" or "might", or, in each case, their negative, or similar expressions. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurances that they will materialize or prove to be correct. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, the actual results or outcome could differ materially from those set out in the forward-looking statements as a result of many factors. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements in this press release are free from errors and readers of this press release should not place undue reliance on the forward-looking statements in this press release. The information, opinions and forward-looking statements that are expressly or implicitly contained herein speak only as of its date and are subject to change without notice. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release, unless it is required by law or Nordic SME Sweden's rule book for issuers.

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