The Nasdaq approved reviewer, CICERO Green, assesses that Rebelle meets the requirements for Nasdaq Green Equity Designation set out in the Nasdaq Green Equity Principles. With sustainability deep in its DNA, Rebelle targets to become the first IPO within the Nasdaq system with a Nasdaq Green Equity Designation. The new Nasdaq Green Equity Designation was launched in June 2021 and is a voluntary designation for companies that want to increase visibility around their green business models and strategies. Nasdaq Green Equity Designation (“first Green IPO”) Rebelle offers more than 200,000 products to, and listed by, customers throughout Europe with focus on the EU. Rebelle is offering products from the world’s most sought after fashion brands, such as Louis Vuitton, Chanel, Gucci, Hermès and Prada while increasing customers awareness of sustainability and circularity within the fashion industry. Based on this capital-light “managed marketplace” model, Rebelle aims to deliver a superior selling and buying experience to its customers. Rebelle takes control of the entire sales process, thereby physically verifying the authenticity and quality of products sold to consumers and assuming all payment processes and the shipments to buyers. Rebelle operates the European online marketplace for selling and buying luxury second hand fashion items and accessories. The Board of Directors and Rebelle’s management further assess that a listing of the Company’s shares on Nasdaq First North Growth Market will increase awareness of Rebelle and its operations as well as enhance the Company’s profile with investors, business partners, customers, employees and other important stakeholders. The Offering will create opportunities for accelerated growth in line with the Company’s strategy, increase the financial flexibility and broaden Rebelle’s ownership base. The Board of Directors and Rebelle’s management believe that the Offering and listing of the Company’s shares on Nasdaq First North Growth Market is an important step in the Company’s growth development. A prospectus (in Swedish with an unofficial English translation), containing the Offering’s complete terms and conditions, will be published today on Rebelle’s website (ir.), Nordnet's website ( and Vator Securities’ website ( Background and reasons for the listing of shares and the Offering.The first day of trading on Nasdaq First North Growth Market is expected to be 25 February 2022 and the shares will trade under the trading symbol BELLE.The application period for the general public in Sweden and Denmark as well as for institutional investors is 15–22 February 2022.The Offering is directed to the general public in Sweden and Denmark as well as qualified investors in Sweden and abroad.All shareholders prior to the Offering are subject to lock-up undertakings of 360 days calculated from the first day of trading in the shares on Nasdaq First North Growth Market.The subscribers include Swedbank Robur Ny Teknik, Skandia Fonder and a number of existing shareholders, board members and senior executives. Prior to the Offering, a group of qualified investors, including reputable institutional investors, have committed to subscribe for shares, subject to certain conditions, at the same price as other investors, corresponding to a total value of approximately SEK 180 million, corresponding to 90 percent of the Offering.In order to cover a potential over-allotment in connection with the Offering, the Company has undertaken to issue an over-allotment option to Vator Securities AB (“Vator Securities”), to sell additional new shares corresponding to up to 15 percent of the Offering.The Offering consists of newly issued shares expected to raise approximately SEK 200 million before deduction of costs relating to the Offering.The Offering is carried out at a fixed price of SEK 28 per share, corresponding to a total market value of the Company's shares of approximately SEK 426 million prior to the Offering.
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