Key Highlights from the Announcement
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Completion of Conditional SPA: Rex International Holding Limited (“Rex” or “the Company”) has announced the completion of the conditional Sale and Purchase Agreement (SPA) for the intended listing of Xer Tech AB in Sweden via a reverse takeover.
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Shareholding Structure: Upon completion, Xer Sweden is now wholly owned by RVN, and Rex currently holds approximately 50.4% of the shares in RVN. This means Rex retains control over the strategic direction and future developments of Xer Tech AB.
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Continued Listing on Spotlight Stock Market: RVN has received final approval for continued listing on the Spotlight Stock Market. This regulatory approval is a crucial step, ensuring the shares remain listed and tradable, which is essential for liquidity and market confidence.
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Upcoming Ticker Symbol Change: Following the registration of the company name change to Xer Sweden, trading in the company’s shares will transition to the new ticker symbol “XER.” The first day of trading under this new symbol is expected to be around 11 February 2026.
Important Notes for Shareholders
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Potential Impact on Share Price: The completion of the reverse takeover and the maintained listing status are significant, price-sensitive events. These developments could influence investor sentiment and the share price due to enhanced growth prospects, greater visibility in the Swedish market, and improved strategic positioning for both Rex and Xer Tech AB.
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Majority Stake in RVN: Rex’s 50.4% stake in RVN ensures that shareholders retain exposure to any potential upside from Xer Sweden’s operations and future growth in the Swedish and broader European markets.
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Liquidity Event: The transition to the new ticker “XER” and continued trading should provide ongoing liquidity for shareholders. Investors should monitor the trading launch date (expected around 11 February 2026) as it may see increased market activity.
Detailed Overview
Rex International Holding Limited, a Singapore-incorporated company, has successfully completed the acquisition and reverse takeover process involving Xer Tech AB through its subsidiary structure. The transaction, first announced in November 2025, reached its final stages with the execution of the conditional SPA. As a result, Xer Sweden is now fully owned by RVN, of which Rex holds a majority stake.
The company’s efforts have culminated in the regulatory approval for RVN’s continued listing on the Spotlight Stock Market, a critical milestone for all stakeholders. The subsequent rebranding of the listed entity to Xer Sweden, accompanied by the new ticker symbol “XER,” is expected to raise the profile of the business and potentially attract new investors, given the fresh identity and market focus.
Shareholders should be aware that these developments are fundamentally transformative for Rex International, representing both a strategic shift and a platform for future expansion in Europe’s technology and industrial sectors. The market may respond positively, considering the enhanced corporate structure, increased control, and visibility. However, this is also a period of operational transition, and investors are encouraged to remain attentive to further announcements regarding Xer Sweden’s business plans and performance.
Disclaimer
The above article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with their financial advisors before making any investment decisions. The share price may be subject to volatility following these announcements, and past performance is not indicative of future results.
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