STOCKHOLM, Sweden, June 10, 2004 (PRIMEZONE) -- Framfab AB (publ) has finalized its new share issue with preferential rights for existing shareholders. The rights issue, which closed on Wednesday, June 9, 2004, has, taking into consideration the subscription guarantee, been fully subscribed. This provides the company with approximately SEK 164 million prior to transaction costs.
Additional information regarding the allocation between subscription with preferential rights, subscription without preferential rights, and utilisation of the subscription guarantee, will be announced after the compilation of the subscription forms has been finalized.
Settlement notes to parties that are allocated shares based on subscriptions without preferential right will be distributed on or about June 17, 2004.
Through the new share issue, the number of shares will increase from 821,094,932 to 1,149,532,904. The new shares are expected to be listed on the Stockholmsborsen O-list at the beginning of July 2004.
Carnegie Investment Bank is financial advisor to Framfab.
For additional information, please contact: Christian Luiga, EVP and CFO, Framfab AB +45 8 41 00 10 00, christian.luiga@framfab.se
Tobias Bulow, Group Communications Manager, Framfab AB +46 709 41 22 58, tobias.bulow@framfab.se
Framfab is a leading European communications specialist in digital media and interactive solutions based on Internet technology. Most of Framfab's customers are large international companies, including 3M, American Express, AXA, Carlsberg Breweries, the Coca-Cola Company, Danske Bank, DuPont, Ericsson, Hydro Texaco, Kellogg's, Kraft Food International, Lloyds TSB, Nike, Nobel Biocare, Philip Morris International, Philips, Postbank, SAAB, Sara Lee Douwe Egberts, Swedish Match, Vodafone, Volvo Car Corporation, Volvo Group and UBS. Framfab operates in Denmark, Germany, the Netherlands, Switzerland, Sweden and the United Kingdom. The company is quoted on the O list of Stockholmsborsen (ticker symbol FRAM). For additional information, see www.framfab.com
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