Cision strengthens financials through fully guaranteed rights issue and new loan agreement


Cision strengthens financials through fully guaranteed rights issue and new loan
agreement

The Board of Directors of Cision has resolved to implement a rights issue of
approximately SEK 253 million, with preferential rights for Cision's
shareholders

• The rights issue is 100 percent covered by subscription commitments and
underwriting commitments from major shareholders. Shareholders representing 61
percent of the total number of shares in Cision have committed to subscribe for
their shares of the rights issue or have expressed their intention to subscribe
for their shares of the rights issue
• Shareholders in Cision have preferential rights to subscribe for one (1) new
share for each existing share
• The subscription price is SEK 3.40 per share, which corresponds to total issue
proceeds of approximately SEK 253 million before issue costs
• The rights issue is subject to approval by an Extraordinary General Meeting,
to be held on March 17, 2010 and subject to obtaining such approval, the
subscription period is March 24 - April 12, 2010
• A new loan agreement, subject to the rights issue, has been secured to replace
Cision's current loan facility, with a three year term and a facility limit of
up to USD 100 million
• The main purpose of the rights issue and the new loan facility is to
strengthen Cision's long term financial position and financial flexibility,
providing an improved foundation for developing the business in accordance with
Cision's strategy

“The rights issue and the new loan agreement will strengthen Cision's long-term
financial position, also enabling us to continue to invest in and grow our
business. Together with the actions we took in 2009 to strengthen our
operations, including the divestment of five loss-making businesses, Cision is
now well positioned for a stronger development in the years ahead”, says Hans
Gieskes, CEO of Cision.

For further information please contact: 
Hans Gieskes, President and CEO
Telephone +46 (0)8 507 410 11 
E-mail: hans.gieskes@cision.com 

Erik Forsberg, CFO
Telephone +46 (0)8 507 410 91 
E-mail: erik.forsberg@cision.com

Cision AB (publ) 
SE-114 88 Stockholm, Sweden 
Corp Identity No. 556027-9514 
Telephone: +46 (0)8 507 410 00 
www.cision.com

Cision empowers businesses to make better decisions and improve performance
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SEK 1.8 billion in 2008.

Attachments

02142043.pdf