18 June
2024
SUBSTRATE
ARTIFICIAL INTELIGENCE SOCIEDAD ANONIMA
("Substrate AI" or the
"Company")
OTHER RELEVANT
INFORMATION
Substrate AI (AQUIS: SAI/SAI.B)
announces that pursuant to a requirement from the BME Growth Market
where the Company's shares are also listed, the shareholders whose
percentage of direct and/or indirect participation in the Company
is equal to or greater than 5% are expected to be as listed
below.
These percentages have been
calculated on the basis of the 100,611,739 class A shares and the
138,638,460 class B shares into which the Company's share capital
will be divided upon the issuance of 28,645,665 class A shares.
This issuance of class A shares relates to (i) the issuance of
shares relating to the investment agreement with venture capital
investment fund IMPULSE TECH TRANSFER CLM FCR, as announced on 19
December 2023; and (ii) the capital increase agreed on the
shareholders meeting held on 19 January 2024. This issuance is
pending approval by the official register of companies in Spain and
is expected to be completed in the coming weeks.
The Company will make further announcements in due
course.
Class A
shares
Shareholder
|
Direct
shareholding
|
Indirect
shareholding
|
Total
shareholding
|
Yaro
Investment Holding, LTD.
|
12.93%
|
-
|
12.93%
|
JMSAN
Global Financial Agents, S.L. (a)
|
12.14%
|
-
|
12.14%
|
Leandro
Daniel Harillo
|
8.21%
|
-
|
8.21%
|
Juan
Pablo Di Pietro
|
8.21%
|
-
|
8.21%
|
Lorenzo
Serratosa Gallardo (b)
|
1.70%
|
6.32%
|
8.02%
|
Iván
García Braulio (c)
|
1.65%
|
6.07%
|
7.72%
|
United
General, LTD.
|
6.46%
|
-
|
6.46%
|
(a) Entity owned 50% by Mr. Lorenzo
Serratosa Gallardo, 50% by Mr. José Iván García Braulio.
The entity's stake becomes 5.43%
taking into account the 1,500,000 and 2,500,000
shares lent as collateral by JMSAN Agentes Financieros Globales,
S.L. to GLOBAL CORPORATE FINANCE OPPORTUNITIES 15 according to OIR
of 04/08/2022 and OIR of 10/07/2023, and the 2,500,000 and 250,000
shares lent as collateral to a series of investors who granted
loans to the company (OIR 4/08/2022) according to OIR of 08/08/2022 and 10/07/2023, respectively.
Although on 13/09/2023 and 22/09/2023 OIR were published indicating
the cancellation of these last loans, given that to date there has
been no change of ownership of the same, we made the above
calculations considering the 2,500,000 and 250,000
shares.
(b) Member of the Board of Directors
of the Company, which in addition to its indirect participation
through JMSAN Agentes Financieros Globales, S.L., owns
256,018 shares (0.25%) through
the company Ijana Films, S.L., of which it owns
50% of the capital. The stake becomes 3.18% taking into account shares lent as
collateral by JMSAN Agentes Financieros Globales, S.L. to GLOBAL
CORPORATE FINANCE OPPORTUNITIES 15 and to a series of
investors.
(c) Member
of the Board of Directors of the Company, who in addition to his
direct participation maintains an indirect stake in the Company
through JMSAN Agentes Financieros Globales, S.L. The stake
becomes 4.36% taking into account the shares lent by JMSAN Agentes
Financieros Globales, S.L. to GLOBAL CORPORATE FINANCE
OPPORTUNITIES 15 and to a series of investors who granted a loan to
the Company.
Class B
Shares
Shareholder
|
Direct
shareholding
|
Mr. Juan
José Esteve Pous
|
27.04%
|
United
General, LTD.
|
9.37%
|
Mr.
Francesc Xavier Ramos
|
9.04%
|
Indico
Investments and Managements, S.L.
|
7.56%
|
Yaro
Investment Holding, LTD.
|
7.56%
|
|
|
|
| |
The Board of Directors is not aware
of the existence of other shareholders with a position of more than
5%.
The Directors of Substrate AI accept
responsibility for this announcement.
Substrate AI
|
|
Lorenzo Serratosa
Chairman
|
info@substrate.ai
|
First Sentinel Corporate
Finance
Corporate Advisors
|
|
Brian Stockbridge
|
+44 (0) 7858 888
007
|
About Substrate AI: Substrate
AI is an artificial intelligence company based in Spain that
creates, buys and scales companies around AI in diverse sectors
such as fintech, agritech, energy, human resources, or health. All
of them sell products and services built on the bio-inspired
reinforced learning technology developed and patented by Substrate
AI.