Lund, November 26, 2015 – Anoto Group AB (publ) (”Anoto” or the ”Company”) today announces that it has completed a directed share issue pursuant to the placing agreement with Carnegie Investment Bank AB (“Carnegie”) of approximately SEK 115 million to finance the acquisition of Livescribe.
Pursuant to the placing agreement, Carnegie has today placed 101.5 million shares in Anoto at a price of approximately SEK 1.13 through an accelerated book building procedure involving institutional and qualified investors in Sweden or abroad. With the authorization from the Extraordinary General Meeting held on September 28, 2015, the Board of Directors of Anoto has resolved on a directed share issue of 101.5 million shares at a subscription price of approximately SEK 1.13. The total value of the share issue amounts to approximately SEK 115 million before costs associated with the share issue. The share issue represents approximately 9.6 per cent of the share capital and votes after dilution.
The share issue means that the number of shares increases by 101 500 000 shares. The total number of outstanding shares in the Company increases from 951 693 826 shares to a total of 1 053 193 826 shares, and the share capital will increase by SEK 2 030 000, from SEK 19 033 877 to SEK 21 063 877.
The newly issued shares will be admitted to trading on NASDAQ Stockholm and the Company expects to have a prospectus approved for this purpose on or around November 27, 2015. Trading in the new shares is expected to start in close connection thereto.
For further information, please contact:
Stein Revelsby, CEO Anoto Group AB, tel. +46 (0)733 45 12 05
Anoto Group AB (publ), org. nr. 556532-3929, Mobilvägen 10, SE- 223 62 Lund
Tel. +46 46 540 12 00
www.anoto.com
The information in this press release is published pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication on November 26, 2015 at 08:00 CET.
About Anoto Group
Anoto Group AB is a global leader in digital writing solutions, which enables fast and reliable transmission of handwriting into a digital format. Anoto operates worldwide through a global partner network that delivers user-friendly digital writing solutions for efficient capture, transmission, distribution and storage of data. Anoto is currently in use across multiple business segments, e.g. consumer, healthcare, banking and finance, transportation and logistics and education. The Anoto Group has over 100 employees and is headquartered in Lund (Sweden).The company also has offices in Norrköping (Sweden), Basingstoke and Wetherby (UK), Los Angeles and Boston (US) and Tokyo (Japan). The Anoto share is traded on the Small Cap list of NASDAQ Stockholm under the ticker ANOT.
For more information, please visit: www.anoto.com.
Follow Anoto on Twitter at: @anoto
