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Bure Equity Share Issue/Capital Change 2019
2899_iss_2019-08-29_69f8dd4f-53c3-4942-8b11-7bd57f70f538.pdf
Share Issue/Capital Change
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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.