AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Bure Equity

Share Issue/Capital Change Aug 29, 2019

2899_iss_2019-08-29_69f8dd4f-53c3-4942-8b11-7bd57f70f538.pdf

Share Issue/Capital Change

Open in Viewer

Opens in native device viewer

Press release Stockholm August 29, 2019

BURE HAS AQUIRED SHARES IN YUBICO AB

Yubico has completed a directed share issue to Meritech Capital Partners, a venture capital firm based in Pal Alto, California. In connection with the rights issue, Bure will acquire 140,000 shares from existing shareholders for a total of SEK 50m. After the transaction Bure will own 18,8% of the capital and votes in the company before dilution.

As a result of the transaction and in accordance with IFRS 9, Bure has increased the value of its holding in Yubico by SEK 507m compared to book value at the end of the second quarter 2019. Following the transaction, the total book value of Bure's holding in Yubico amounts to SEK 989m.

Bure Equity AB (publ)

For more information, contact

Henrik Blomquist, CEO [email protected] Telephone: +46 (0) 8-614 00 20

Max Jonson, CFO [email protected] Telephone +46 (0) 8-614 00 20

This information is information that Bure Equity AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2019-08-29 08:30 CEST.

Attachments

BURE HAS AQUIRED SHARES IN YUBICO AB

Talk to a Data Expert

Have a question? We'll get back to you promptly.