Core Viewpoint - Stockwik Förvaltning AB has announced a directed share issue of 900,000 shares to ENDI Corp at a subscription price of SEK 23 per share, subject to foreign direct investment (FDI) clearance [1][5][6] Background and Company Overview - Stockwik Förvaltning AB, founded in 2013, has become a leading industrial investment company, with a diversified portfolio across four business segments, generating approximately SEK 900 million in annual revenues and SEK 100 million in EBITDA [3][4] Share Issue Details - The share issue aims to strengthen the Company's financial position and enhance its ability to focus on efficiency improvements and future M&A opportunities [5] - The subscription price of SEK 23 per share represents a 10% premium compared to the closing price on 7 October 2025 [6][12] - The completion of the share issue is conditional upon receiving FDI clearance from the Swedish Inspectorate for Strategic Products, expected in November 2025 [9][8] Financial Implications - Upon completion, the Company will receive gross proceeds of SEK 20.7 million before transaction costs, and ENDI Corp will become the owner of 22.7% of all shares and votes in the Company [6][15] - The share capital will increase by SEK 450,000.01, resulting in a dilution of approximately 12.5% [15] Strategic Rationale - The board of directors determined that the directed share issue to ENDI Corp was the most favorable alternative for the Company, considering the need to strengthen the shareholder base and minimize dependency on market conditions [11][13] - The decision to pursue this share issue was influenced by the intention of three of the Company's largest shareholders to sell their shares [13][14] Future Governance Changes - ENDI Corp intends to request an extraordinary general meeting to elect new board members following the receipt of FDI clearance and completion of the share issue [17] - Current board members have expressed their commitment to complete their terms unless replaced by shareholders [18]

The board of directors of Stockwik Förvaltning AB (“Stockwik” or the “Company”) has, based on the authorisation granted by the annual general meeting on 16 May 2025, resolved on a directed share issue of 900,000 shares (the “Share Issue”) to ENDI Corp at a subscription price of SEK 23 per share, subject to FDI clearance. Summary The Company issues 900,000 shares to ENDI Corp based on the authorisation granted by the annual general meeting on 16 May 2025.The subscription price of SEK 23 per share represents ...

Core Insights - Local state-owned investment and financial holding companies have shown significant growth in their performance for the first half of 2025, with many achieving their operational targets ahead of schedule [2][4][6]. Group 1: Performance Highlights - Wuhan Financial Holding Group reported a revenue of 667 billion yuan, a year-on-year increase of 48%, and achieved a profit of 5.5 billion yuan [3][4]. - Zhejiang New Commercial Financial Holding saw a revenue growth of 33.5% and a profit increase of 16.1% [3][4]. - Hainan Holding achieved a revenue growth of 77.47% and completed investments totaling 68.53 billion yuan [3][4]. - Guangzhou Financial Holding reported a net profit increase of 34% [3][4]. - Sichuan Development Asset Management Company recorded a revenue growth of 17.77% and a pre-provision net profit growth of 17.29% [3][4]. Group 2: Investment Strategies - Local investment and financial holding companies are increasingly emphasizing their support for local industry development, with Wuhan Financial Holding focusing on local business investments totaling nearly 1.2 trillion yuan [5][6]. - Shenzhen Longgang Financial Holding has established several funds, including those focused on the semiconductor and integrated circuit industries, and has engaged in over 70 key investment projects [6][7]. - Guangzhou Financial Holding has created a "fund cluster" with multiple investment projects, totaling 14.38 billion yuan, including 72 new projects in the first half of the year [6][8]. Group 3: Fund Management and Evaluation - Various local platforms are forming mother-son fund models to enhance investment efficiency, with Guangzhou Financial Holding conducting performance evaluations for its sub-funds [9][11]. - The mother fund industry is evolving towards a more specialized and market-oriented approach, with expectations for a proliferation of professional and large-scale fund clusters across the country [11][12].