Offset issue connected to acquisitionPublished 02 Nov 2017
The Board of Knowit AB has, in accordance with a resolution of the AGM 2017, decided upon an offset issue of shares in Knowit AB, connected to payment for the acquisition of Require AB. The decision means that 60,214 new shares will be issued and that the share capital will increase to SEK 19,139,217.
As already communicated, Knowit has acquired Require AB, taking possession on 1 November 2017. The Board of Knowit AB has decided upon an offset issue directed at the sellers of Require, as payment for the acquisition.
The share price was set to SEK 141.16 per share. Equity will increase with around SEK 8 million. The outstanding shares in Knowit AB total 19,079,003 before the new issue; following the issue, the number of shares will total 19,139,217.
Subscription occurred on November 1 and trading with the newly issued shares can occur following registration with Euroclear Sweden AB.