Helsinki, Finland, 2015-12-28 16:00 CET (GLOBE NEWSWIRE) --
Ixonos Plc Stock Exchange Release 28 December 2015 at 17:00
Not to be published or distributed in or into the United States, Canada, Australia, Hong Kong, South Africa or Japan.
PRELIMINARY RESULTS OF IXONOS’ RIGHTS ISSUE
Ixonos Plc's (“Ixonos”) rights issue 9 December 2015 - 23 December 2015 (the "Rights Issue") was completed on 23 December 2015. According to the preliminary results, approximately 87.42 per cent of the maximum amount of shares offered in the Rights Issue (such maximum amount being 136,582,157 shares) was subscribed for in the primary subscription made with subscription rights and approximately 0.56 per cent in the secondary subscription made without subscription rights.
Tremoko Oy Ab ("Tremoko") has given an underwriting commitment to subscribe for all shares which are not subscribed for in the Rights Issue. The amount of shares to be subscribed for by virtue of the underwriting commitment is, based on the preliminary results, approximately 12.02 per cent of the offered shares.
Approximately 87.98 per cent of the maximum number of shares offered in the Rights Issue was subscribed for in the primary and in the secondary subscriptions in total and, taking into account Tremoko’s underwriting commitment, 100 per cent i.e. the total of 136,582,157 shares were subscribed in the Rights Issue. The gross proceeds of the Rights Issue amount to approximately EUR 8.2 million.
The Board of Directors of Ixonos will approve the subscriptions in accordance with the terms and conditions of the Rights Issue on 29 December 2015.
Approximately on 29 December 2015, the shareholders and other investors that have taken part in the secondary subscription will be sent a confirmation letter stating the number of shares to be distributed on the basis of the secondary subscription.
Trading in the interim shares, representing the shares subscribed for with subscription rights, will commence on Nasdaq Helsinki Ltd on 29 December, 2015. Ixonos will announce the final result of the Rights Issue on 29 December 2015 following the approval of subscriptions by the Board of Directors. All shares subscribed for in the Rights Issue will be registered in the Finnish Trade Register on or approximately on 30 December 2015, following which the interim shares will be combined with Ixonos's existing class of shares on or approximately on 30 December 2015. The new shares will be subject to public trading on the official list of Nasdaq Helsinki Ltd together with the other Ixonos shares starting on or approximately on 4 January 2016.
IXONOS PLC
Board of Directors
Further information:
Ixonos Plc
CEO Sami Paihonen, tel. 050 502 1111, sami.paihonen@ixonos.com
CFO Kristiina Simola, tel. 040 756 3132, kristiina.simola@ixonos.com
Distribution:
NASDAQ OMX Helsinki
Main media
DISCLAIMER
The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Hong Kong, South Africa or Japan. These written materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. The Company does not intend to register any portion of the offering in the United States or to conduct a public offering of securities in the United States.
The issue, exercise and/or sale of securities in the offering are subject to specific legal or regulatory restrictions in certain jurisdictions. The Company assumes no responsibility in the event there is a violation by any person of such restrictions.
The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Investors must neither accept any offer for, nor acquire, any securities to which this document refers, unless they do so on the basis of the information contained in the applicable prospectus published or offering circular distributed by the Company.
The Company has not authorized any offer to the public of securities in any Member State of the European Economic Area other than Finland. With respect to each Member State of the European Economic Area other than Finland and which has implemented the Prospectus Directive (each, a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of securities requiring publication of a prospectus in any Relevant Member State. As a result, the securities may only be offered in Relevant Member States (a) to any legal entity which is a qualified investor as defined in the Prospectus Directive; or (b) in any other circumstances falling within Article 3(2) of the Prospectus Directive. For the purposes of this paragraph, the expression an "offer of securities to the public" means the communication in any form and by any means of sufficient information on the terms of the offer and the securities to be offered so as to enable an investor to decide to exercise, purchase or subscribe the securities, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression "2010 PD Amending Directive" means Directive 2010/73/EU.
This document is being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as “relevant persons”). Any invitation, offer or agreement to subscribe, purchase or otherwise acquire securities will be engaged in only with relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.
The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may or should be placed by any person for any purposes whatsoever on the information contained in this announcement or on its completeness, accuracy or fairness. The information in this announcement is subject to change. Any subscription for shares in the proposed Rights Issue should be made solely on the basis of the information contained in the prospectus to be issued by Ixonos in due course.
This announcement contains certain forward-looking statements. These forward-looking statements involve risks and uncertainties that could significantly affect expected results and are based on certain key assumptions. Many factors could cause actual results to differ materially from those projected or implied in any forward-looking statements. Due to these uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this announcement. Ixonos disclaims any obligation to update any forward-looking statements contained in this announcement, except as required pursuant to applicable law.
