Anoto’s rights issue fully subscribed
23-05-16 kl. 23/5 2016 06:00 | Anoto Group 0,43 (+4,88%)
Lund, May 23, 2016 – The result of Anoto Group AB’s (publ) (“Anoto” or the
“Company”) rights issue, for which the subscription period ended on May 19,
2016, indicated that 1,003,716,488 shares, representing approximately 94
percent of the offered shares, were subscribed for by exercise of subscription
rights. Additionally, applications for subscription without subscription rights
of 344,575,412 shares, corresponding to approximately 32 percent of the offered
shares, have been received. Thus, the rights issue is fully subscribed. Through
the rights issue, Anoto will receive proceeds amounting to approximately SEK
160 million before transaction costs.
Those who have subscribed for shares without subscription rights will be
allotted shares according to the principles outlined in the prospectus. Such
subscribers who have been allotted shares without subscription rights are
expected to be notified on May 23, 2016. Only those who are allotted shares
will be notified.
Through the rights issue Anoto’s share capital increases by SEK 21,323,876.52
from SEK 21,323,876.52 to SEK 42,647,753.04 and the total number of shares
increases by 1,066,193,826 from 1,066,193,826 to 2,132,387,652 when the rights
issue is registered by the Swedish Companies Registration Office.
The final day for trading in paid subscribed shares (BTAs) is expected to be
May 24, 2016. The new shares subscribed for with subscription rights are
expected to start trading on Nasdaq Stockholm on May 30, 2016, and the shares
subscribed for without subscription rights on June 9, 2016.
Financial and legal advisors
Carnegie is acting as financial advisor and Setterwalls is acting as legal
advisor to Anoto. Baker & McKenzie is acting as legal advisor to Carnegie.
For further information, please contact:
Jörgen Durban, Chairman of the Board of Directors
Joonhee Won, CEO
For more information about Anoto, please visit www.anoto.comor email
[email protected]
Anoto Group AB (publ) Reg.No. 556532-3929,
Mobilvägen 10, SE- 223 62 Lund
Tel. +46 46 540 12 00
The information above has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
published at 08:00 am (CET) on May 23, 2016.
Important information
The information in this press release does not constitute an offer to acquire,
subscribe for or otherwise trade in shares, subscription rights or other
securities in Anoto. Any invitation to the persons concerned to subscribe for
shares in Anoto will only be made through the prospectus that Anoto estimates
to publish on or around 2 May 2016.
This press release may not be released, published or distributed, directly or
indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan,
New Zealand, South Africa or any other jurisdiction where such action is wholly
or partially subject to legal restrictions or where such action would require
additional prospectuses, registrations or other actions in addition to what
follows from Swedish law. Nor may the information in this press release be
forwarded, reproduced or disclosed in a manner that contravenes such
restrictions or would entail such requirements. Failure to comply with this
instruction may result in a violation of applicable securities laws.
No subscription rights, BTAs (interim shares) or new shares have or will be
registered under the U.S. Securities Act of 1933, as amended, (“Securities
Act”), or securities legislation in any state or other jurisdiction in the
United States and may not be offered or sold, directly or indirectly, in or
into the United States, except pursuant to an available exemption from the
registration requirements of the Securities Act and in compliance with the
securities laws of any state or other jurisdiction of the United States.
This press release may contain forward-looking statements which reflect Anoto’s
current view on future events and financial and operational development. The
words “intend”, “estimate”, “expect”, “may”, “plan”, “anticipate” or similar
expressions regarding indications or prognoses of future developments or trends
and which are not statements based on historical facts constitute
forward-looking information. Although Anoto believes that these statements are
based on reasonable assumptions and expectations, Anoto cannot give any
assurances that such statements will materialize. Forward-looking statements
are in its nature involved with both known and unknown risks and uncertainties,
since it is depending on future events and circumstances. Forward-looking
statements do not constitute any representations and warranties and the outcome
could differ materially from the information set out in the forward-looking
statements.
About Anoto
Anoto is a global leader in digital writing and drawing solutions. Its
technology enables high-precision pen input on nearly any surface. Anoto is
present around the world through a global network of strategic licensing
partners that deliver user-friendly writing and drawing solutions for effective
collection, transfer and storage of data. Anoto is traded on the Small Cap list
of Nasdaq Stockholm under ANOT.
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