Collector publishes supplementary prospectus
Collector AB (publ) (“Collector”) has prepared a supplementary prospectus in addition to the prospectus regarding the invitation to subscribe for new shares in Collector, which was approved and registered by the Swedish Financial Supervisory Authority on September 22, 2016 and was published the same day.
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTOR OR RELEASE WOULD BE UNLAWFUL.
The supplementary prospectus has been prepared due to Collector’s CEO, Stefan Alexandersson, has informed the Board of Directors that he intends to resign during the spring 2017.
The supplementary prospectus has been approved by the Swedish Financial Supervisory Authority and will be available on Collector’s website (www.collector.se) and SEB’s website (www.sebgroup.com/prospectuses).
Investors who prior to the publication of the supplementary prospectus have submitted an application or otherwise consented to subscribe for new shares in Collector in the offer described in the prospectus, have the right to withdraw their application or consent up to and including October 10, 2016. Withdrawal must be made in writing to SEB Emissioner R B6, 106 40 Stockholm. Investors who have subscribed for shares through a nominee should contact their nominee regarding withdrawal. Applications that are not withdrawn will remain binding and those who wish to remain subscribers of new shares do not need to take any actions.
Gothenburg October 7, 2016
Collector AB (publ)
For more information, please contact:
Stefan Alexandersson, CEO Collector I Phone +46 10 161 00 00 I E-mail email@example.com
Pia-Lena Olofsson, CFO & Head of IR Collector I Phone +46 10 161 00 00 I E-mail firstname.lastname@example.org
Åsa Hillsten Eklund, CCO & IR Collector I Phone +46 10 161 00 00 I E-mail email@example.com
This information is information that Collector AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out above, at 3.45 CET on 7 October 2016.
Collector is a niche bank that offers innovative financial solutions to private and corporate customers. Operations are carried out in two segments; Retail and Corporate. Within Retail, Collector offers personal loans, invoicing and instalment solutions to e-commerce and retail customers, credit cards through Collector Easycard and Collector Easyliving, and deposits. The Corporate segment includes factoring and corporate loans primarily to SMEs, junior property financing solutions, third party debt collection services and acquisitions of portfolios of overdue receivables. The Company has offices in Gothenburg (headquarter), Stockholm, Malmö, Helsinki and Oslo.
The information in this press release does not constitute an offer to acquire, subscribe for or otherwise trade in shares, subscription rights or other securities in Collector. Any invitation to the persons concerned to subscribe for shares in Collector will only be made through the prospectus that Collector published on September 22, 2016, together with the supplemental prospectus published on October , 2016.
This press release may not be released, published or distributed, directly or indirectly, in or into the United States, Australia, Canada, or any other jurisdiction where such action is wholly or partially subject to legal restrictions or where such action would require additional prospectuses, registrations or other actions in addition to what follows from Swedish law. Nor may the information in this press release be forwarded, reproduced or disclosed in a manner that contravenes such restrictions or would entail such requirements. Failure to comply with this instruction may result in a violation of applicable securities laws.
No subscription rights, BTAs (interim shares) or new shares have or will be registered under the U.S. Securities Act of 1933, as amended, (“Securities Act”), or securities legislation in any state or other jurisdiction in the United States and may not be offered or sold, directly or indirectly, in or into the United States, except pursuant to an available exemption from the registration requirements of the Securities Act and in compliance with the securities laws of any state or other jurisdiction of the United States.
This press release may contain forward-looking statements which reflect Collector’s current view on future events and financial and operational development. The words “intend”, “estimate”, “expect”, “may”, “plan”, “anticipate” or similar expressions regarding indications or prognoses of future developments or trends and which are not statements based on historical facts constitute forward-looking information. Although Collector believes that these statements are based on reasonable assumptions and expectations, Collector cannot give any assurances that such statements will materialize. Forward-looking statements are in its nature involved with both known and unknown risks and uncertainties, since it is depending on future events and circumstances. Forward-looking statements do not constitute any representations and warranties and the outcome could differ materially from the information set out in the forward-looking statements.