Press release Deflamo AB
Major shareholders subscribing to the full in the ongoing rights issue
The CEO and newly appointed chairman of the board, invest in new Deflamo shares
Malmö, 7 June 2017
This press release may not be published or distributed, whether directly or indirectly, in or into the united states, Canada, Australia, Hong kong, Japan, New Zealand, Switzerland, Singapore or south Africa or any other jurisdiction where such action is subject to legal restrictions.
Deflamo AB (publ), specialkemiföretaget that develops, produces and markets environmentally superior flame retardant under the product name Apyrum, notes that the company’s major shareholders Gryningskust Holding AB and Förvaltnings AB Hummelbosholm committed to fully subscribe for their share issue, a total of approximately 3.3 million sek.
In addition to subscribing to the past and present board members and the CEO for a total of approximately 630 000 crowns, of which, in addition to what is stated in the information memorandum that has been published, the newly elected chairman of the board Torbjörn Lindgren is subscribing to more than 300 000 new B-shares in Deflamo, CEO of Johnny Bodin sign up for the 50 000 new B-shares, and board member Åsa Hansdotter, already a shareholder, subscribing fully for its share corresponding to approximately 50 000 new B-shares.
Deflamos of the rights issue is carried out with the aim to raise additional working capital for the ongoing canvassing and identification of new customer segments for new products, implementation of additional investments in production equipment and testing equipment, commercialize new products; continue the development of Apyrum for use in additional product applications and to work on strategic partnerships and acquisition strategy.
The subscription price is set to 0.80 per share. The subscription period started on may 26, 2017 and is even now on Friday 9 June 2017. Last day for trading in subscription rights is today, 7 June 2017. Subscription of shares can also be made without preferential rights, however, without a guaranteed allocation.
Information material relating to the invitation to subscription of shares is available on the Deflamos website, www.deflamo.com and at Eminova Brokerage’s website www.eminova.se.
For further information, please contact:
Johnny Bodin, CEO
Tel: +46 (0)700 92 07 39
Read more about Deflamo AB www.deflamo.com
This press release does not constitute any offer regarding shares or other securities issued by the Deflamo AB (publ) (the”Company”).
This press release may not be distributed in or into the united states, Canada, Australia, Hong kong, Japan, New Zealand, Switzerland, Singapore or south Africa or any other jurisdiction where such action is wholly or partially subject to legal restrictions, or would require additional prospectuses, registration or other measures than what follows from Swedish law. The information in this press release may not be forwarded or reproduced in a manner that contravenes such restrictions or would entail such requirements.
No securities issued by the Company have been, and will not be, registered under the United States Securities Act of 1933, as amended (the”Securities Act”) and may not be offered, sold or otherwise transferred, directly or indirectly, in or into the united states, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. It will not be carried out in any offer to the public in the united states.
This press release may contain certain forward-looking statements that reflect the Company’s current views with respect to future events and financial and operational development. Words such as “intends”, “estimates”, “expects”, “may”, “plan”, “estimate”, “expect” and other expressions which imply indications or predictions regarding future development or trends, and which do not relate to historical facts, constitutes forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking information does not constitute any guarantee of future results or development and actual results may materially differ from what is pronounced in the forward-looking information.
A investeringsmemorandum was published on 24 may 2017 and, with certain restrictions, available at
Deflamo is a specialty chemical company that develops, produces and markets environmentally superior flame retardant under the product name Apyrum. Apyrum is a patented, eco-friendly and biodegradable
biodegradable alternatives to dangerous flame retardants that are harmful to the environment and health. The company is listed on Nasdaq First North. Avanza is the company’s Certified Advisor.
The company has engaged Eminova Fondkommission AB as financial advisor and broker in the ongoing rights issue.
This information is such information that Deflamo AB is obliged to publish under the EU marknadsmissbruksförordning. The information was submitted, by the above contact person in the government, for publication on 7 June 2017, there is a 13.00 CET.
2017-06-07_Teckning and the purchase of shares in the Deflamo AB