NOTE's rights issue oversubscribed
NOT FOR DISTRIBUTION TO USA, CANADA, JAPAN, HONG KONG, NEW ZEELAND, AUSTRALIA OR
SOUTH AFRICA
NOTEs new share issue with preferential rights for NOTE's shareholders has been
oversubscribed. Totally 19 059 178 shares, or some 99.0 percentage of the
offered shares, were subscribed using subscription rights. Additionally, 9 797
133 shares have been subscribed for without preferential rights. Consequently,
the new share issue is oversubscribed with some 49.9 percentage, and the
underwriting commitments do not have to be engaged.
Granting of shares subscribed without preferential rights will be according to
principles described in the prospectus. Accounting slips confirming granting of
such shares will be sent out around 11 May 2010. Only those who receive granting
will be notified. The new share issue will raise NOTE some SEK 86.6 million
before deducting issue costs.
Signed, fully paid, shares (BTA) received at subscription using subscription
rights, is expected to be reregistered as shares at Euroclear Sweden on 17 May
2010.
Through the new share issue, the number of NOTE shares will increase with 19 248
400 shares and the share capital will increase with SEK 9 624 200. After the new
share issue, the share capital will amount to SEK 14 436 300 and the number of
shares to 28 872 600 shares. Shares subscribed with preferential rights is
expected to be available for trading at NASDAQ OMX Stockholm as from around 17
May 2010. Shares subscribed without preferential rights are expected to be
available for trading during the second half of May 2010.
Financial and legal advisers
HQ Bank is financial adviser and Advokatfirman Vinge is legal adviser to NOTE in
connection with the issue.
For more information, please contact:
Göran Jansson, acting CEO and President, tel. +46 (0)8 568 99006, +46 70 698
8572
Henrik Nygren, CFO, tel. +46 (0)8 568 99003, +46 (0)70 977 0686
About NOTE
NOTE's business concept is to offer services in the production and logistics of
electronics-based products. NOTE has a presence in Sweden, Norway, Finland, the
UK, Estonia, Lithuania, Poland and China. In 2009, net sales were SEK 1,200 m;
the group has approximately 1,000 employees. For more information, please go to
www.note.eu.
This press release contains information that is mandatory for NOTE to publish
pursuant to the Swedish Financial Instruments Trading Act and/or the Swedish
Securities Markets Act. This information was submitted for publication on 11 May
2010 at 8:30 a.m. CEST.
IMPORTANT NOTICE
In certain jurisdictions, the publication or distribution of this press release
may be subject to legal restrictions and persons in those jurisdictions where
this press release has been published or distributed should inform themselves
about and abide by such legal restrictions.
This press release is not directed at persons located in the United States,
Canada, Japan, Hong Kong, New Zeeland, Australia, South Africa or in any other
country where the offer or sale of the subscription rights, interim shares or
new shares is not permitted.
This press release may not be published or distributed, directly or indirectly,
in or into the United States, Canada, Japan, Hong Kong, New Zeeland, Australia,
South Africa or any other country where such action is wholly or partially
subject to legal restrictions or where such action would require additional
prospectuses, other offer documentation, 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 such a manner that contravenes
such restrictions or would require such additional prospectuses, other offer
documentation, registrations or other actions.
This press release does not contain or constitute an invitation or an offer to
acquire, sell, subscribe for or otherwise trade in shares, subscription rights
or other securities in NOTE AB (publ). Any invitation to the persons concerned
to subscribe for shares in NOTE AB (publ) will only be made through the
published prospectus.
No subscription rights, BTAs (interim shares) or new shares will be registered
under the United States Securities Act of 1933, as amended ("Securities Act"),
or any provincial act in Canada and may not be transferred or offered for sale
in the United States or Canada or to persons resident in Canada or on account of
such persons other than pursuant to an exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act or in such
exempt cases that do not require registration in accordance with any provincial
act in Canada, respectively.
NOTE's rights issue oversubscribed
| Source: NOTE AB