Extraordinary general meeting in Bong – approval of the

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News Desk 2018
Extraordinary general meeting in Bong – approval of the board’s proposals

NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, SINGAPORE, SOUTH AFRICA OR NEW ZEALAND OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL. The extraordinary general meeting in Bong AB (publ) was held on 17 July 2013. The meeting resolved to approve the board’s resolutions on set-off issues to Holdham S.A. and the company’s two largest lending banks, new issue with pre -emptive rights for the company’s shareholders and convertible bonds issue. The terms for the rights issue entails that one existing share entitles to subscription for four new shares at a subscription price of SEK 1.80 per share. Bong has obtained subscription undertakings and underwriting commitments in relation to the entire rights issue, which means that the company will be provided with approximately SEK 125.9m before transaction costs. A prospectus relating to the rights issue will be made public on or about 18 July 2013. In connection with the above mentioned issue resolutions, the meeting also resolved on certain amendments of the company’s articles of association and on a reduction of the share capital by SEK 148,588,457.50. The share’s quota value is thereby decreased to SEK 1.50. For further details and information on the background to and reasons for the above resolutions, please refer to Bong’s press releases from 17 June and 16 July 2013. For further information, please contact Anders Davidsson, President and CEO of Bong AB. Tel. (switchboard) +46 (0) 44 20 70 00, (direct) +46 (0) 44 20 70 80, (mobile) +46 (0) 70 545 70 80. About Bong Bong is a leading provider of specialised packaging and envelope products in Europe, offering solutions for distribution and packaging of information, advertising materials and lightweight goods. Important growth areas in the Group are the Propac packaging concept and Russia. The Group has annual sales of approximately SEK 3 billion and about 2,100 employees in 15 countries. Bong has strong market positions in the majority of key markets in Europe, and the Group sees interesting possibilities for continued expansion and development. Bong is a public limited company whose stock is quoted on the NASDAQ OMX Stockholm (Small Cap). Bong AB (publ) discloses the information in this press release pursuant to the Securities Markets Act. The information was provided for public release on the 17th of July 2013 at 16:10 CET. Important information This press release does not constitute an offer of any securities of Bong. No transaction described in this press release is directed to shareholders or other investors domiciled in the United States, Australia, Hong Kong, Japan, Canada, Singapore, South Africa or New Zealand, or in any other country where participation in such transaction would require additional prospectuses, registration or other measures other than those pursuant to Swedish law or would conflict with regulations in such country. No shares, interim shares, subscription rights, convertibles or other securities issued by Bong have been or will be registered in accordance with the United States Securities Act of 1933, or in accordance with any securities legislation in any state of the United States or any province in Canada. Accordingly, no new shares, interim shares, subscription rights, convertibles or other securities issued by Bong may be transferred or offered for sale in the United States or Canada, other than in such exceptional cases that do not require registration. The transactions described in this press release are directed only at (i) persons who are outside the United Kingdom; (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended); or (iii) persons to whom it can otherwise lawfully be directed at.

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