Lund, 28 October 2013 — Anoto’s previously communicated rights issue has been secured to SEK 65m compared to previous SEK 58m through an additional underwriting guarantee. To secure short term liquidity until the rights issue is completed, the company has raised SEK 8m through a short term loan.
On October 17, 2013, Anoto announced that the company implements an equity issue of SEK 65m with preemptive rights for existing shareholders. The issue was secured up to SEK 58m through underwriting guarantees, corresponding to 89 percent of the issue amount. In order to secure a fully subscribed issue, Anoto has entered into an additional guarantee agreement of SEK 7m in excess of the existing underwriting guarantees of SEK 58m.
In total, the rights issue is secured to SEK 65m, corresponding to 100 percent of the rights issue amount. The rights issue requires approval by an extraordinary general meeting on November 15, 2013.
To secure short term liquidity until the rights issue is completed, SEK 8m has been raised through a short term loan. The loan shall be repaid six banking days after the end of the subscription period in the rights issue and no later than December 31, 2013. If the extraordinary general meeting does not approve the rights issue, the loan is due for immediate repayment.
Indicative timetable for the rights issue
15 November 2013 Extraordinary general meeting in Anoto Group AB (publ)
15 November 2013 Last day of trading in the shares including right to participate in the rights issue
20 November 2013 Record date for participation in the rights issue, i.e. shareholders who are registered in the company's share register as of this day will receive subscription rights for participation in the rights issue
21 November 2013 Estimated publication of the prospectus
22 Nov. – 3 Dec. 2013 Trading in subscription rights
22 Nov. – 6 Dec. 2013 Subscription period
11 December 2013 Estimated day for press release regarding outcome in the rights issue
Redeye acts as financial advisor and Setterwalls Advokatbyrå acts as legal advisor in connection with the rights issue.
For further information, please contact: Stein Revelsby, CEO Tel. +46 (0)733 45 12 05
Anoto Group AB (publ.) Box 4106 SE-227 22 Lund Tel.: +46 46 540 12 00 www.anoto.com
The information in this press release is published pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 08.45 am on October 28, 2013.
About Anoto Group: Anoto Group AB is a global leader in digital writing solutions, which enables fast and reliable transmission of handwriting into a digital format. Anoto operates worldwide through a global partner network that delivers user-friendly digital writing solutions for efficient capture, transmission, distribution and storage of data. Anoto is currently in use across multiple business segments, e.g. consumer, healthcare, banking and finance, transportation and logistics and education. The Anoto Group has over 100 employees and is headquartered in Lund (Sweden). The company also has offices in Basingstoke, Guildford and Wetherby (UK), Amsterdam (NL), Boston (US) and Tokyo (Japan). The Anoto share is traded on the Small Cap list of NASDAQ OMX Stockholm under the ticker ANOT. For more information, please visit: www.anoto.com.
Important information In certain jurisdictions, publication or distribution of this press release may be subject to legal restrictions and persons in those jurisdictions where this press release has been published or distributed should inform themselves about and abide by such legal restrictions.
This press release may not be made public, published or distributed, directly or indirectly, in or into the United States, Canada, South Africa, Australia, Switzerland, Singapore, Hong Kong, Japan or in any other country where such action is subject in full or in part to legal restrictions, nor may the information in this press release be forwarded, reproduced or disclosed in any way that is in conflict with such restrictions. Failure to follow this instruction may involve a breach of the United States Securities Act of 1933 ("Securities Act") or applicable laws in other jurisdictions.
This press release does not contain or constitute an invitation or offer to acquire, subscribe for or otherwise trade in shares, subscription rights or other securities in Anoto. The invitation to the persons concerned to subscribe for shares in Anoto will only be made through the prospectus that Anoto expects to publish on November 21, 2013, which prospectus, among other things, will contain financial statements and information on the Board of Directors and auditor of Anoto.
Neither the subscription rights, the paid subscription shares (BTA) or the new shares will be registered in accordance with the Securities Act or any provincial act in Canada, and may not be transferred or offered for sale in the United States or Canada, or to persons resident there, or on behalf of such persons, other than in such exceptional cases where registration in accordance with the Securities Act or any provincial act in Canada is not required.
