NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR IN ANY OTHER JURISDICTION WHERE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE IN VIOLATION OF THE APPLICABLE RULES. FURTHER LIMITATIONS ARE. SEE ALSO THE IMPORTANT INFORMATION AT THE BOTTOM OF THE PRESS RELEASE
Stockholm, Sweden – CLX Communications AB (publ.) – XSTO:CLX
CLX Communications AB (publ) (“CLX” or “the Company“), a leading global provider of cloud-based services – has commissioned Handelsbanken Capital Markets to investigate the conditions to carry out a directed new issue of not more than 4 067 647 shares, with the support of the annual general meeting’s authorisation on 19 may 2017.
As described in the press release of may 19, 2017, where the Company announced its new financial targets, the board continued good opportunities for growth through acquisition in the next few years. Against this background evaluates the Company continuously its capital structure. The purpose of any directed share issue is to reduce the CLX indebtedness and to enable the Company to continue to make value-creating acquisitions to broaden the Company’s ownership base and increase the liquidity of the Company’s shares.
The potential rights issue is targeted at Swedish and international institutional investors and, among other things, subject to the Company’s board of directors makes a shares after Handelsbanken Capital Markets completed the so-called book-building-procedure. The subscription price in the rights issue will be determined through a book-building procedure, which at the earliest will begin there 17:31 (CET) on 30 may 2017 and ends before its to trading on Nasdaq Stockholm commences on 31 may 2017. The minimum order will be set to the number of shares corresponding to EUR 100 000. Book-building procedure can, if the Company so decides, be shortened or extended and can be terminated at any time for any reason whatsoever.
For further information please contact
Thomas Ahlerup
Chief Investor Relations Officer
CLX Communications AB (publ.)
Mobile phone +46-768-966300
E-mail thomas.ahlerup@clxcommunications.com
If CLX Communications
CLX Communications (CLX) is a leading global provider of cloud-based communications services and solutions to enterprises and mobile operators. CLX mobile communication services makes it possible for companies to quickly, securely and cost-effectively communicate globally with their customers and connected devices – IoT (Internet of Things). CLX solutions enable business-critical communication across the world through mobile messaging services (SMS), voice services, and mobile konnektivitets services for the IoT. CLX has since the company was founded grown with profitability. The group is headquartered in Stockholm, Sweden, and a presence in 20 additional countries.
CLX Communications share is listed on NASDAQ Stockholm – XSTO:CLX.
Please visit us at: www.clxcommunications.com
Important information
This communication may contain certain forward-looking statements. Such statements are all statements that do not relate to historical facts and include expressions such as “believes”, “estimates”, “expects”, “waiting”, “assume”, “anticipate”, “intend”, “may”, “continue”, “should” or similar. The forward-looking statements in this communication are based on various estimates and assumptions, which in several cases are based on additional assumptions. Even if the CLX believes that these assumptions were reasonable when they were made, are such forward-looking statements subject to known and unknown risks, uncertainties and other important factors that are difficult or impossible to predict and which is outside the CLX control. Such risks, uncertainties and important factors could cause actual outcomes and results may differ materially from the results expressed or implied mentioned in this communication, by the forward-looking statements. The information, opinions and forward-looking statements in this notice apply only as of the date of this notice, and may change without notice.
This information is such information as CLX is required to publish under the EU marknadsmissbruksförordning. The information was submitted, through the above contacts in the government, for publication on 30 may 2017 there is a 17:31.
This press release is not and does not form part of any offer to acquire securities. Copies of this notice may not be made in and may not be distributed or sent into the united states, Australia, Canada, Japan or any other jurisdiction where distribution of this press release would be in violation of any applicable regulations or require registration or other measures.
The securities mentioned herein have not been and will not be, registered under the applicable U. S. Securities Act of 1933, as amended (the”Securities Act“) and, consequently, may not be offered or sold in the united states without such registration or an exemption from the registration requirements under the Securities Act and in accordance with applicable state värdepappersrätt in the united states. The company does not intend to register any part of the rights issue in the united states or conduct a public offering of shares in the united states.
The securities mentioned herein have not been and will not be registered in accordance with the applicable värdepappersrätt in Canada, Japan or Australia and, except pursuant to certain exceptions, may not be offered or sold in or to, or for the benefit of any person who is domiciled, or is located or resident in, Canada, Japan or Australia. No public offer of the securities described herein will occur in Canada, Japan or Australia.
This press release is not a prospectus within the meaning of Directive 2003/71/EC, as amended by Directive 2010/73/EU. The company has not authorised any offer to the public of shares or rights in any member state of the EEA and no prospectus has been developed or will be developed in connection with the directed share issue.
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