ADDvise convenes an Extraordinary General Meeting and proposes the introduction of a new class of shares and a name change

The Board of ADDvise Lab Solutions AB (publ) (“ADDvise or “the Company”)
proposes that the Extraordinary General Meeting, to be held on august
25th 2015, resolves that the Company’s existing shares shall be Class A
and that 7,619,439 shares of a new class – Class B-  shall be issued to
existing shareholders through a bonus issue. After the bonus issue the
shareholders will have an equal number of Class A and Class B shares. It
is proposed that each B share will have one-tenth (1/10) of a vote.


In line with ADDvise acquisition strategy, the proposed bonus issue will
be carried out in order to be able to provide primarily B shares as an
attractive means of payment with good liquidity for acquisitions,
without creating excessive dilution in voting terms for existing
shareholders.  

 

New shares are proposed to be issued so that one (1) existing share
(which will be a Class A share) entitles the holder to one (1) new share
of Class B, whereby 7,619,439 Class B shares will be issued in the bonus
issue. Existing shares (Class A) will still result in one (1) vote while
Class B shares will carry one-tenth (1/10) of a vote.

 

The proposed bonus issue would increase the Company’s share capital by
7,619,439 SEK to 15,238, 878 SEK. The proposed bonus issue would be
implemented through the transfer of 7,619,439 SEK from unrestricted
equity according to the balance sheet to share capital. The record date
for the bonus issue is proposed to be September 15th 2015, and the
shareholders who are registered on the record date would receive Class B
shares corresponding to the number of existing A shares to their
respective securities accounts.

 

The A shares will continue to be traded on Nasdaq First North Premier
and the Company will apply for the B shares to be traded on the same
market. Indicative first day of trading is September 30th 2015.

 

The Board further proposes that the Company’s name is changed to
primarily ADDvise Group AB (publ) or, in the alternative, to Addvise
Group AB (publ) provided that any of these names is approved for
registration by the Swedish Company Registration Office. The purpose of
the name change is to better reflect the entire business of the Group.

 

Notice of the General Meeting with detailed proposals have been
published today through a separate press release.

 

 

 

For further information, please contact:

Rikard Akhtarzand, CEO, +46 765-25 90 71

rikard.akhtarzand@addvisegroup.se

www.addvisegroup.com