Execution of AGM resolution on offset issue in Knowit ABPublished 15 May 2017
Knowit is, in accordance with a resolution of the AGM, performing an offset issue of 164,879 shares, waiving shareholders’ preferential rights. The share capital will thus increase to SEK 19,079,003.
The resolution on the issue was made at the AGM on 25 April 2017.
The performed issue is directed at the sellers of shares in Dataess AS, Norge, as payment for part of the acquisition of the company, and acquisitions of non-controlling interests in Knowit Quality Management Oslo AS and Knowit eCommerce AB.
The share price was set at SEK 127.92 per share. Equity is increased by around SEK 21 million. Outstanding shares in Knowit AB before the new issue totaled 18,914,124. After the issue, the shares total 19,079,003, corresponding to a dilution of 0.9 percent. Subscription occurred on May 10 and trading with the newly issued shares can occur following registration with Euroclear Sweden AB.
The information contained herein is such as shall be made public by Knowit, in accordance with the EU Market Abuse Regulation and/or the Securities Market Act. This press release was made public at 12.30 PM on May 15 2017.