Press RELEASE
Stockholm, June 9, 2017
The use of övertilldelningsoption and the closure of the stabilisation period
Carnegie Investment Bank AB (“Carnegie”) to take advantage of övertilldelningsoptionen in respect of 728 340 B-shares in Sdiptech AB:s (publ) (“Sdiptech” or the “Company”) and announces that the stabilisation measures have been carried out in the Company’s B-shares on Nasdaq First North Premier. The stabilisation period has now ended and no further stabilisation measures will be carried out.
Published in connection with the offer on the acquisition of newly issued B-shares in the Company and the listing of the Company’s B-shares on Nasdaq First North Premier (“the Offer“) has Carnegie the opportunity, in the capacity of stabiliseringsansvarig, to carry out operations in order to keep the market price of B-shares at a level higher than that which might otherwise had been prevailing in the market.
Stabiliseringstransaktioner can be carried out on Nasdaq First North Premier, the OTC market or otherwise, and may be undertaken at any time during the period beginning on the first day for trading in B-shares on Nasdaq First North Premier and end no later than 30 calendar days thereafter. Carnegie, however, has no obligation to conduct any stabilization and there is no guarantee that stabilisation will be carried out. Stabilization, if commenced, may be discontinued at any time without notice. Under no circumstances will transactions be executed at a price which is higher than the price fixed in the Offer.
The company’s principal owner, the Serendipity Group AB has issued an option to the Carnegie which can be utilized whole or in part for 30 calendar days from the first day of trading in the Company’s B-shares on Nasdaq First North Premier in Stockholm, sweden, to acquire an additional maximum of 1 339 285 existing B-shares, corresponding to a maximum of 15% of the total number of B shares covered by the Offer, at a price equivalent to the Offer price, that is to say, 56$, to cover any over-allocation in connection with the Offer (the”Övertilldelningsoptionen“). Carnegie has announced that Övertilldelningsoptionen in respect of 728 340 B-shares have been exercised. Thereby, the 610 945 B-shares in Sdiptech, which Carnegie has been borrowed by the Serendipity Group AB, in order to cover over-allocation in connection with the Offer, to be returned.
Below is stabiliseringsinformation respect of the stabilisation measures that Carnegie has completed on the indicated dates during the last five trading days in accordance with article 5(4) of the EU marknadsmissbruksförordning 596/2014. The contact person at the Carnegie is Johan Flintull (tel.: +46 5886 88 00).
Stabiliseringstransaktioner:
Date
Quantity
Price (highest)
Price (lowest)
Price (volume-weighted average)
Currency
The trading post
2/6/2017
735
56.00
56.00
56.00
$
The Nasdaq First North Premier
5/6/2017
660
56.00
56.00
56.00
$
The Nasdaq First North Premier
The stabilisation period in respect of the Offer has now ended and no further stabiliseringstransaktioner will be implemented. Below is a summary of the stabiliseringstransaktioner that have been carried out during the stabilisation period, in accordance with today’s press release and the press releases on 22 may and 1 June 2017. All transactions during the stabilisation period has been carried out on Nasdaq First North Premier and no stabilisation measures have been carried out dates other than those listed below.
Stabiliseringstransaktioner:
Date
Quantity
Price (highest)
Price (lowest)
Price (volume-weighted average)
Currency
The trading post
12/05/2017
352 599
56.00
55.75
55.91
$
The Nasdaq First North Premier
15/05/2017
18 360
55.75
55.50
55.64
$
The Nasdaq First North Premier
16/05/2017
97 500
55.75
54.00
55.13
$
The Nasdaq First North Premier
17/05/2017
13 842
54.50
53.25
53.68
$
The Nasdaq First North Premier
18/05/2017
17 277
54.25
53.75
54.00
$
The Nasdaq First North Premier
19/05/2017
93 642
54.50
54.00
54.24
$
The Nasdaq First North Premier
22/05/2017
3 000
54.00
54.00
54.00
$
The Nasdaq First North Premier
23/05/2017
1 020
55.00
54.00
54.98
$
The Nasdaq First North Premier
24/05/2017
2 350
54.00
53.50
53.93
$
The Nasdaq First North Premier
26/05/2017
2 000
55.00
55.00
55.00
$
The Nasdaq First North Premier
29/05/2017
2 407
55.00
55.00
55.00
$
The Nasdaq First North Premier
30/05/2017
519
55.00
55.00
55.00
$
The Nasdaq First North Premier
31/05/2017
4 267
55.50
55.00
55.35
$
The Nasdaq First North Premier
01/06/2017
767
56.00
56.00
56.00
$
The Nasdaq First North Premier
02/06/2017
735
56.00
56.00
56.00
$
The Nasdaq First North Premier
05/06/2017
660
56.00
56.00
56.00
$
The Nasdaq First North Premier
This information is such information that Sdiptech AB (publ) is obliged to publish under the EU marknadsmissbruksförordning 596/2014. The information was submitted, by nedanståendes contact person in the government, for publication on
9
June, there is a 21:00 (CET).
For more information, please contact:
Jacob Holm, CEO Sdiptech, +46 761 61 21 91, jakob.holm@sdiptech.com
Carl Johan Åkesson, CFO Sdiptech, +46 708 30 70 57. cj.akesson@sdiptech.com
Important information
This press release is not and does not constitute part of an offer to sell or acquire securities.
This press release is not being made, and may not be distributed in or sent to, the united states, Australia, Canada, Japan or any other jurisdiction where such distribution would be unlawful or require registration or other measures. The securities mentioned in this press release have not been and will not be registered in accordance with current United States Securities Act of 1933, as amended (the”Securities Act”) and may therefore not be offered or sold in the united states without being registered or covered by an exemption from registration under the Securities Act and in accordance with the applicable securities laws of the states in the united states. The company does not intend to register any offering in the united states or to leave any public offering of securities in the united states.
The offer of the securities mentioned in this press release has been provided by a prospectus. This press release is not a prospectus under directive 2003/71/EC (together with the applicable implementeringsåtgärder in any member state, “Prospectus directive”). Investors should not invest in the securities described in this press release with the support of other than the information contained in the aforementioned prospectus.
Sdiptech – PM Finish stabilisation period 170609
