ADDvise conducts offset share issue of SEK 4.6 million for the partial refund of bond

02-02-2016   Non-regulatory press release

The Board of ADDvise resolved on February 1st 2016 to issue 2 173 000 shares of series B at a price of 2.10 SEK with deviation from the shareholders' preferential rights. The issue offsets the holder's nominal bond claim against ADDvise of approximately 5.0 million SEK, including accrued interest as of the date of settlement, which amounts to 25 000 SEK. However, the market value of the holder´s bond claim amounts to approximately 4.6 million SEK. At the same time the issue also broadens ADDvise shareholder base of institutional investors. The settlement of the bond loan is made to a bond price of 94.5 SEK per bond. Thus, the Board of ADDvise, with the authorization from the Annual General Meeting 2015, decided on a new share issue of 2 173 000 shares of series B at the subscription price of 2.10 SEK per share. The new issue entails a dilution of approximately 7.6 percent of the share capital of the Company.

The issue increases the number of shares of series B in the Company by 2 173 000 shares. The company's total number of outstanding shares increases from 26 259 647 shares to a total of 28 432 647 shares, divided into 7 619 439 shares of series A and 20 813 208 shares of series B. The new issue increases the share capital by 2 173 000 SEK, from 26 259 647 to 28 432 647 SEK and increases the number of votes from 9 483 460 to 9 700 760 votes.

Clarification

In light of ADDvise directed issue of approximately 8.0 million SEK published 2016-02-01 there is a clarification in the table below of what customers Mangold Fondkommission AB has subscribed shares of series B for in ADDvise:

 

Investor

Number of shares

Amount

Jensen Invest AB

1 000 000

2 110 000 SEK

Cajory AB

710 900

1 499 999 SEK

GoMobile nu AB

239 967

500 000 SEK

 

In addition to the above, Mangold Fondkommission AB has subscribed 1 843 602 class B shares corresponding to an amount of 3 890 000 SEK in the directed share issue.

Financial advisor

Mangold Fondkommission AB is financial advisor to ADDvise in connection with the issue.

For further information, please contact:

Rikard Akhtarzand, CEO, +46 765-25 90 71

rikard.akhtarzand@addvisegroup.se

www.addvisegroup.com

About ADDvise Group AB

ADDvise Group AB (publ) is an expansive group which through its subsidiaries IM-Medico Svenska AB, KEBO Inredningar Sverige AB, ADDvise Tillquist AB, Sonesta Medical AB, Sonesta Medical Inc and Surgical Tables Inc offers comprehensive solutions in the form of products and services to healthcare and research facilities. ADDvise Group's customers are located in both the private and public sectors. The Company's share is listed on First North Premier and Mangold Fondkommission AB, +46 8-503015 50, is the company's Certified Adviser and liquidity provider.

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