Eniro’s lending banks make lock-up undertakings

In connection with the recapitalisation of Eniro AB (publ) (the ”Company”), the Company’s lending banks (the “Banks”) have made so called lock-up undertakings. Pursuant to the lock-up undertakings, the Banks have undertaken, with certain reservations and exceptions, towards the Company’s advisor Pareto Securities AB (“Pareto”), during a period commencing on the date of the signing of each respective lock-up undertaking and ending on the earlier of: (i) the date it is finally established that the Banks in aggregate hold less than twelve per cent of the total number of shares in the Company following completion of the recapitalisation, or (ii) the date falling six months after the settlement date of the planned cash issue, to not without the prior written consent from Pareto and the Banks’ advisor Carnegie Investment Bank AB (publ), sell any of the shares in the Company that the Banks may acquire in the recapitalisation.

For more information, please contact:
Björn Björnsson, Chairman of the board of directors, tel. +46 70 399 80 16
Örjan Frid, President and managing director, tel. +46 705 611 615

This information is information that Eniro AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 16.20 CET on 8 June 2017.

Eniro is a leading search company for individuals and businesses in the Nordic region. Eniro Group has approximately 1,700 employees. The company is listed on Nasdaq Stockholm [ENRO], with approximately 14,000 shareholders at present and is headquartered in Kista, Stockholm. More on Eniro at enirogroup.com, twitter.com/eniro, facebook.com/eniro.

Detta pressmeddelande finns tillgängligt på svenska på www.enirogroup.com/sv/pressmeddelanden.

About Us

Eniro is a search company that aggregates, filters and organizes local information. Our growth is driven by users’ increasing mobility and multiscreen behavior, where we are at the forefront with modern technical solutions. For more than 100 years Eniro has helped people find local information and companies find customers. Today it is a multiscreen solution – our users search for information using their smart phones, tablets and desktops. Mobile advertising is today the fastest growing part of Eniro’s business. Eniro is the local search engine. A smart shortcut to what you need, no matter where you are or where you are going. Eniro is one of the largest search companies in the Nordic region and Poland. The company has approximately 2,000 employees and has been listed on NASDAQ Stockholm since 2000. During 2014, Eniro revenues amounted to SEK 3,002m and EBITDA was SEK 631m. Approximately 88 percent of Eniro advertising revenues come from multiscreen channels. The company’s headquarters are located in Stockholm, Sweden. More on Eniro at www.enirogroup.com. Eniro – Discover local. Search local.


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