DUG Foodtech (publ) ("DUG Foodtech" or the "Company") is raising of loans (the "Loan") totaling MSEK 1.5 from major shareholders. The purpose of the Loan is to strengthen the Company's working capital. The lenders have expressed their intention to exercise their warrants of series 2025/2026:1 and 2025/2026:2, as resolved at the Annual General Meeting on 27 May 2025, and thereby offset all of their loan claims against the Company.
Background
DUG Foodtech has today, on 30 November 2025, raised loans of MSEK 1.5. The Company has entered into loan agreements with two major shareholders (the "Lenders").
Term of the loans
The loan amounts to a total of MSEK 1.5. The loans carry a monthly interest rate of 1.5 percent as of 1 December, as well as an arrangement fee of 2.5%, and fall due for payment on 31 March 2026. DUG Foodtech has the right to repay the loans plus interest in cash in advance.
In the event that the Company carries out issues during the term of the loans, the Lenders have the right to set-off their claims in such issues. The Lenders also have a contractual right to act as underwriters on market terms in issues of shares carried out by the Company during the term of the loans.
DUG Foodtech has also undertaken not to raise new loans or credits during the term of the loans without the consent of the Lenders, unless loans are raised to repay the Lenders' loans in full.
For more information, please contact:
DUG Foodtech AB
Helene Nielsen, CEO
Telephone: +46 732 22 76 35
E-mail: helene.nielsen@dugfoodtech.com
About DUG Foodtech AB (publ)
DUG Foodtech should be the natural choice for all actors in the transition to plant-based foods. The company's business concept is to use its own patented methods, innovative solutions and know-how to develop and sell products that the market demands. Changes are required for the food industry to reach its set climate goals. The company is contributing by its investment in plant-based foods with a low climate footprint, raw materials that are easily grown and available, and health benefits for the end consumer. The company and its well-established partners in priority markets and channels provide the conditions to grow in a global market, valued at USD 100 billion. The share is listed on Nasdaq First North and is traded under the name DUG. Read more at ir.dugdrinks.com. Mangold Fondkommission AB is the company's Certified Adviser and can be contacted by phone: +46 8 5030 15 50 or e-mail: ca@mangold.se.
This information is information that DUG Foodtech 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 above, at 2025-11-30 15:00 CET.
