PRESS release
10 may 2017
NOT FOR DISTRIBUTION OR PUBLICATION, WHETHER DIRECTLY OR INDIRECTLY, TO NYHETSDISTRIBUTÖRER IN THE UNITED STATES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL UNDER APPLICABLE LAW.
The offer in Integrum AB (publ) heavily oversubscribed
Integrum AB (publ) (“Integrum” or the “Company”) has completed the market offering to subscribe for shares in the Company on the total SEK 27 million (the”Offer”), represented by a new share issue of SEK 22 million (the”rights Issue”) and an over-allocation of SEK 5 million (the”Övertilldelningsoptionen”).
The interest to participate in the Offer has been very great, and was subscribed to around 200 per cent. Due to the large interest, the allocation of B-shares occurred at around 700 new shareholders.
Integrum published on 24 april, 2017 board of directors ‘ decision to apply for listing of the Company’s B-share on Nasdaq First North, in connection with this conduct the Offer. The offer comprised a total of 1 350 000 newly issued B-shares, divided into 1 100 000 B-shares in the rights Issue and 250 000 B-shares in Övertilldelningsoptionen.
The number of shares increases from 6 960 000 B-shares to 8 310 000 class B shares through the Offer. The dilution effect for existing shareholders after the Offer is 15.1 per cent in respect of shares and 9.2% of votes in the Company.
The offer means that the Company added about 700 new shareholders. The subscription period for the Offer expired on Tuesday 9 may 2017. A number of investors had before the close of the subscription beginning committed to subscribe for class B shares in the rights Issue corresponding to SEK 11.2 million or approximately 50.9 per cent of the rights Issue.
The board of directors in Integrum has, in consultation with Erik Penser Bank, decided on the allocation of B-shares in the Offer, in which case the objective has been to achieve a good spread of B-shares to allow for a regular and liquid trade on Nasdaq First North and to achieve the desired strategic ägarbas. Allocation is obtained in the form of a contract note. Information will not be sent to those who are not assigned to B-shares.
After the Offer has been registered with the Swedish companies registration office will Integrum have a total of 640 000 A-shares and 8 310 000 B-shares utesåtende. The share capital will in and with the Offer to increase by a total of 94 500 $ 626 $ 500.
“Very pleased with the great interest that we have met and we welcome all new shareholders. Now we are going to accelerate our growth and establish Integrum as a major player in the international arena and strengthen its position as a leader in orthopaedic osseointegration”,
“Jonas Bergman, CEO of Integrum.
Advisor
Söderlind & Co AB is financial advisor and Setterwalls Advokatbyrå AB is legal advisors in connection with the Offer. Erik Penser Bank AB is the Company’s Certified Adviser.
This information is such information that Integrum AB (publ) is obliged to publish according to the Eu marknadsmissbruksförordning. The information was submitted, through the following contact person in the government, for publication on 10 may 2017 there is 11.00 CET.
For more information, please.v. contact:
Jonas Bergman, CEO
Mobile: 0704-18 43 38
Email: jonas.bergman@integrum.se
About Integrum AB
Integrum is a medical device company that develops and markets systems for skelettförankrade dentures. With over 400 operations carried out in twelve countries and having worked in the market for almost 20 years, believes the Company will have a leading position in the field. Integrums innovative called opra implant system helps to improve the quality of life for amputees around the world. The company’s Certified Adviser is Erik Penser Bank AB and can be reached at 08-463 8000.
Important information
Publication and distribution of this press release may in certain jurisdictions be restricted by law and persons in those jurisdictions where this press release has been published or distributed should inform themselves about and abide by such legal restrictions. The information in this press release does not constitute an offer to acquire, subscribe for or otherwise trade in shares or other securities in Integrum.
This press release may not be published or distributed, whether directly or indirectly, in or into the united states, Australia, Hong kong, Japan, Canada, New Zealand, Singapore or south Africa or any other country where such action requires that additional measures are taken in addition to what follows from Swedish law or where this would be contrary to the laws or regulations in the country. The information in this press release may not be forwarded, reproduced or disclosed in a manner that contravenes such restrictions. Failure to comply with these instructions may result in a violation of the United States Securities Act of 1933, as amended (the”Securities Act”), as amended, or applicable laws in other jurisdictions.
The offer in Integrum AB (publ) heavily oversubscribed – 20170510
