Execution of AGM resolution on offset issue of shares in Knowit AB

Published 14 May 2018

Knowit is performing an issue of 81,702 shares, with a waiver of the shareholders' preferential rights, in accordance with the resolution of the AGM on an offset share issue. The share capital has thereby increased to SEK 19,220,919.

The resolution regarding the issue was made at the AGM on 26 April 2018.

The issue performed is directed at the sellers of shares of Dataess AS, Norway, as partial consideration for acquisition of that company, and acquisition of non-controlling interest shares in Knowit Experience AS, Norway, and redemption of synthetic options in Knowit Sk√•ne AB. 

The share price was set to SEK 179.73 per share. Equity has increased with around SEK 15 million. The outstanding shares in Knowit AB total 19,139,217 before the new issue. Following the issue, the number of shares totals 19,220,919, corresponding to a dilution of 0.4 percent. Subscription of shares occurred on May 14 and trade with the newly issued shares can begin following registration at Euroclear Sweden AB.

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