Share Issue/Capital Change • Dec 22, 2010
Share Issue/Capital Change
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Stockholm, Sweden, 22 December 2010
The final result of Hexagon's rights issue show that 87 783 072 shares, representing approximately 99.6 per cent of the offered shares, were subscribed for by the exercise of subscription rights. The 339 335 shares of series B that were not subscribed for with subscription rights have been allocated to persons who have subscribed for shares on the basis of subsidiary preferential rights, according to the principles outlined in the prospectus. Notification regarding allocation based on subsidiary preferential rights is only sent to those who have been allocated shares. Through the rights issue, Hexagon will receive proceeds amounting to approximately 6 521 MSEK before transaction costs.
Through the rights issue Hexagon's share capital increases by 176 244 814 SEK to 707 284 354 SEK. The number of shares increases by 88 122 407 of which 3 937 500 shares of series A and 84 184 907 shares of series B. Total number of shares after the rights issue amounts to 353 642 177 shares of which 15 750 000 shares of series A and 337 892 177 shares of series B.
The new shares subscribed for with subscription rights are expected to be registered with the Swedish Companies Registration Office ("SCRO") on 23 December 2010 and start trading on NASDAQ OMX Stockholm and SIX Swiss Exchange on 28 December 2010. The new shares subscribed for on the basis of subsidiary preferential rights are expected to be registered with SCRO on 10 January 2011 and to start trading on 11 January 2011. Only shares of series B will be traded on NASDAQ OMX Stockholm and SIX Swiss Exchange.
Sara Kraft Westrell, Corporate Communications Director, Hexagon AB, +46 8 601 26 23
Hexagon AB is a leading, global provider of 3D solutions to design, measure and position objects, and to process and present data. Hexagon's solutions enable customers to increase productivity, enhance quality and make better, faster operational decisions. Hexagon has about 11 000 employees in more than 42 countries and net sales of approximately 20 000 MSEK. Read more at www.hexagon.se.
Hexagon AB (publ) Registration number: 556190-4771 Registered office: Stockholm
P.O. Box 3692 Visiting address: Lilla Bantorget 15 103 59 Stockholm, Sweden
Phone: +46 8 601 26 20 Fax: +46 8 601 26 21 www.hexagon.se
This press release does not constitute or form part of an offer or solicitation to purchase, subscribe for or otherwise trade in shares, subscription rights or other securities in Hexagon AB. No action has been, or will be, taken by Hexagon to permit a public offering in any jurisdictions other than Sweden, Switzerland, Denmark and the United Kingdom.
No subscription rights, paid subscription shares or new shares have been, or will be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered, subscribed for, sold or transferred, directly or indirectly, within (i) the United States, except pursuant to an exemption from the registration requirements of the Securities Act or (ii) Canada, Australia, Japan or in any other jurisdiction where such action would require additional prospectuses, registration or measures other than those pursuant to Swedish, Swiss, Danish or UK law. Copies of this press release are not being made and may not be distributed into the United States, Canada, Australia or Japan.
This press release is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order.
In any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") other than Sweden, Denmark and the United Kingdom, this press release is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive (or are other persons to whom a public offering of securities may lawfully be addressed under the Prospectus Directive).
This press release may contain forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. They may involve risks and uncertainties, including technological advances in the measurement field, product demand and market acceptance, the effect of economic conditions, the impact of competitive products and pricing, foreign currency exchange rates and other risks. These forward-looking statements reflect the views of Hexagon's management as of the date made with respect to future events and are subject to risks and uncertainties. All of these forward-looking statements are based on estimates and assumptions made by Hexagon's management and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results or experience could differ materially from the forward-looking statements. Hexagon disclaims any intention or obligation to update these forward-looking statements.
This press release consists of such information that Hexagon AB (publ) may be obliged to disclose in accordance with the Swedish Securities Market Act and /or the Financial Instruments Trading Act. The information was submitted for publication on 22 December 2010 at 10:00 CET.
Hexagon AB is a leading, global provider of 3D solutions to design, measure and position objects, and to process and present data. Hexagon's solutions enable customers to increase productivity, enhance quality and make better, faster operational decisions. Hexagon has about 11 000 employees in more than 42 countries and net sales of approximately 20 000 MSEK. Read more at www.hexagon.se.
Hexagon AB (publ) Registration number: 556190-4771 Registered office: Stockholm
P.O. Box 3692 Visiting address: Lilla Bantorget 15 103 59 Stockholm, Sweden
Phone: +46 8 601 26 20 Fax: +46 8 601 26 21 www.hexagon.se
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