Share Issue/Capital Change • Jul 8, 2020
Share Issue/Capital Change
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Today, the subscription period starts in SpectrumOne's rights issue of units
Today, on the 8[th] of July 2020, the subscription period for SpectrumOne AB
("SpectrumOne" or the "Company") rights issue of units begins. The subscription
period runs until the 22[nd] of July 2020. The prospectus, together with other
information related to the rights issue of units, are available through the
websites of SpectrumOne (www.spectrumone.com) and Sedermera Fondkommission
(www.sedermera.se). Subscription of units can be made by submitting a
subscription form to Sedermera Fondkommission.
Rights issue of units in summary
Subscription period: The subscription period in the rights issue runs from and
including July 8[th], 2020 up to and including July 22[nd], 2020.
Subscription price: Units in the rights issue are issued free of payment, i.e.
no payment for subscribed units shall be made during the subscription period.
Preferential right for subscription of units:
The rights issue is directed at existing shareholders as of the record date July
3[rd], 2020. The general public is not given the possibility to subscribe for
units in the rights issue without the support of unit rights. Subscription
without support of unit rights can only be made by subscribers who has also
subscribed for units with support of unit rights, regardless whether the
subscriber was a shareholder on the record date or not. Subscription forms for
subscription of units will be available on SpectrumOne and Sedermera
Fondkommission´s respective websites from July 8[th], 2020. Shareholders, who on
the record date were directly registered in Euroclear Sweden AB, receive a pre
-printed allocation receipt (which declares the possession of unit rights), a
subscription form, an information folder as well as the terms and conditions for
the rights issue. Shareholders, whose holdings of shares in SpectrumOne were
bank or nominee registered on the record date, will receive an information
folder and the terms and conditions for the rights issue.
Unit rights: Each existing share in SpectrumOne on the record date gives the
holder one (1) unit right, and eight (8) unit rights entitles the holder to
subscribe for one (1) unit. Each unit consists of one (1) warrant of series TO 2
and one (1) warrant of series TO 3.
Trading in unit rights: July 8[th] - July 20[th] 2020.
Trading in BTU (Sw. Betald Tecknad Unit): July 8[th] - until the rights issue is
registered with the Swedish Company Registration Office (Sw. Bolagsverket),
which is expected to take place in the middle of August 2020.
Issue proceeds: The rights issue consists of a maximum of 22 630 620 units which
comprises of 45 261 240 warrants
(22 630 620 warrants of series TO 2 and 22 630 620 warrants of series TO 3).
Initially, the rights issue will not provide the Company with any issue
proceeds, but the Company can receive between approximately SEK 67.9 million and
approximately SEK 90.5 million before issue costs if the warrants of series TO 2
and TO 3 issued in the rights issue are fully exercised.
Terms for the warrants: Each warrant, of series TO 2 and TO 3, will give the
holder the right to subscribe for one (1) new share in SpectrumOne at a
subscription price corresponding to 70% of the average volume-weighted share
price according to Nasdaq First North Growth Market's official price statistics
during the 10-day trading period ending two banking days before the exercise
period for the respective warrant series begins. The Company will publish the
subscription price at the latest the day before the first day of the exercise
period. The subscription price shall not exceed SEK 2,00 per new share. The
subscription price shall not be less than SEK 1,50 per new share.
Subscription of shares with TO 2
Exercise of warrants of series TO 2 can be made from 2020-11-09 until 2020-11
-23.
Subscription of shares with TO 3
Exercise of warrants of series TO 3 can be made from 2021-02-19 until 2021-03
-05.
Financial and legal advisors:
Sedermera Fondkommission is the financial advisor and issuing agent and Markets
& Corporate Law Nordic AB is the legal advisor to SpectrumOne in connection with
the rights issue.
For additional information regarding the rights issue, please contact: Sedermera
Fondkommission
Phone: +46 (0) 40-615 14 10
E-mail: [email protected]
For further information regarding SpectrumOne, please contact:
Hosni Teque-Omeirat
CEO
+46 70 225 18 77
Certified Adviser:
Mangold Fondkommission AB (556585-1267)
Box 55 691 102 15 Stockholm
+46 8 503 015 50
www.mangold.se
About SpectrumOne AB
SpectrumOne is a leading technology company delivering an advanced Data
Management, Analytics & Communications platform suite. Offered in a SaaS online
service shipping with rich market data from various professional providers,
SpectrumOne provides a unique solution to many leading actors across industry
segments in various countries. Enabling clients with fast and easy access to
data insight and visualisation coupled with powerful search, segmentation and
mapping features. SpectrumOne allows data to be quickly enabled and
operationalised, driving activities from customer communication to data science
supporting business analysis, strategy and growth. All of which can be enabled
literally the same day with immediate results. SpectrumOne´s
headquarter is based in Stockholm, Sweden, responsible for Nordic sales and
strategy, with additional sales and business development located in Oslo,
Norway. SpectrumOne is listed on Nasdaq First North Growth Market in Stockholm
and Merkur Market in Oslo. www.spectrumone.com
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