Execution of the AGM’s resolution on an offset issue in Knowit AB

Published 19 May 2016

Knowit is, in accordance with the AGM’s resolution on an offset issue, issuing 525,092 shares, with a waiver of the shareholders’ preferential rights. The share capital has thereby increased to SEK till 18,914,124.

The resolution on the issue was made at the AGM on April 27 2016.

The issue performed is aimed at the sellers of shares in Amende AS, Norway, as partial consideration for the acquisition of that company, acquisition of non-controlling interests in Knowit Experience Holding AS, Knowit Stavanger AS, Knowit Infra Syd AB and Knowit Infrastructure Göteborg AB, and for redemption of synthetic options issued in Knowit Skåne AB.

The subscription price was set at SEK 56.75 per share. Equity will increase by around SEK 30 million. Outstanding shares in Knowit AB before the new issue total 18,389,032. Following the issue, the total number of shares is 18,914,124, which means dilution was 2.9 percent. Subscription of shares was carried out on May 11 and trading of the newly issued shares can occur following registration with Euroclear Sweden AB, at earliest May 19.

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