Prospectus • Jun 2, 2016
Prospectus
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AXA - Prospectus approved
Oslo, June 2, 2016 - Reference is made to the stock exchange notice from
Axactor AB (publ.) ("Axactor" or the "Company", ticker "AXA") dated 30 May
2016 regarding the increase of the share capital related to the private
placement of 220,400,000 new shares (the "Private Placement Shares") with
gross proceeds of NOK 374,680,000 (the "Private Placement").
The Financial Supervisory Authority of Sweden approved a prospectus (the
"Prospectus") with respect to the Private Placement on 2 June 2016.
Following standard notification procedures between the Financial Supervisory
Authority of Sweden and the Financial Supervisory Authority of Norway, the
Prospectus will also constitutes a listing prospectus under Norwegian
securities legislation.
The Prospectus also covers the listing of the 220,400,000 Private Placement
Shares and listing of the 49,033,589 consideration shares pending issuance
to the sellers of IKAS (the "Consideration Shares") as announced on 7 April
2016 and 26 May 2016. The Company expects to issue and register the
Consideration Shares shortly, and within June 2016.
The Prospectus has been made public and may be obtained at the Company's
web-site www.axactor.com/investor-relations.
For further information:
Geir Johansen, CFO & Investor Relations, +4747710451
About Axactor: Axactor is a newly established company in the market for
credit management services. The company has a Nordic base and an ambitious
pan-European growth strategy, which targets the market for non-performing
loans in Europe. This market is estimated to about 1 500 billion euros, and
Axactor's main focus is debt collection and purchase of NPL portfolios. As a
first step in the pan-European growth strategy Axactor acquired the company
ALD Abogados in December 2015. ALD Abogados is a leading debt collection
company in Madrid with 120 employees, and has in addition a call center with
80 employees in Valladolid, Spain.
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