Alvotech offer
Invitaton to acquire Swedish Depository Receipts in Alvotech
Alvotech intends to apply for admission to trading of the Company’s Shares on Nasdaq Stockholm in the form of Swedish Depository Receipts (SDRs). The offering is directed to the public in Sweden.
Alvotech has mandated selling agents in connection with the offering. The selling agents in the offering are Avanza and Nordnet. For further information on how to participate in the offering through Avanza and Nordnet, see section “Application via Avanza” and “Application via Nordnet” in the prospectus available below.
The offering in brief
How to participate in the offering?
The general public in Sweden can participate in the offering via the selling agents Avanza and Nordnet.
Price per SDR:
The final price per SDR in the offering will be the lower of either the volume-weighted average price of the Company’s share on Nasdaq Iceland Main Market during the application period of the offering, or the last closing price of the Company’s share on Nasdaq Iceland Main Market during the application period of the offering, with a discount of ten (10)% and converted to SEK based on the exchange rate published by the Swedish Central Bank (Sw. Riksbanken) on the last day of the application period. The offering price will not exceed SEK 90 per SDR. The final offering price will be determined by the board of directors in consultation with the Financial Advisors and is expected to be announced through a press release on 16 May 2025.
Application period: 9 May 2025 – 16 May 2025
First day of trading: 19 May 2025
Settlement date: 21 May 2025
Free SDR conversion period
Conversion of Alvotech ordinary shares held with the Icelandic CSD, ISIN LU2458332611, to SDRs in sweden, ISIN SE0025011463.