Zutec Holding AB (publ) announces admission to trade on Nasdaq First North and the approval of passportation of prospectus

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.

Zutec Holding AB (publ) has been admitted to trading on Nasdaq First North

Zutec Holding AB (publ)’s (“Zutec” or the “Company”) application for admission to trade on Nasdaq First North has been approved by Nasdaq Stockholm AB.  The estimated first day of trading on Nasdaq First North is 15 March 2018. The Company’s shares will be traded under the ticker ZUTEC and has ISIN-code SE0010869487.

Nasdaq Stockholm AB’s decision is conditional upon: i) that the Company fulfills the listing requirements of First North, ii) that the Company’s website is updated according to the First North Rulebook no later than two days before first day of trading and, iii) that nothing occurs in the Company before first day of trading that would lead to a different assessment of the Company.

Announcement approval of passportation of prospectus

The Company hereby announces approval of passportation of prospectus. The Swedish Financial Supervisory Authority has issued an approval on the passportation of Zutec’s prospectus of an offer to subscribe for shares in the Company in Ireland. The prospectus was published by the Company and announced via a press release on 19 February 2018 at 17.30 CET. A Swedish version of the prospectus is available via Zutec’s (www.zutec.com), Hagberg & Aneborn Fondkommission AB’s (www.hagberganeborn.se) and Remium Nordic AB’s (www.remium.se) respective websites.

About Zutec

Zutec develops and markets cloud-based software solutions, primarily directed to companies within the building and construction industry. The Company’s products help clients to increase their productivity and cost efficiency. Zutec provides solutions within project management, data and document collaboration tools, data enriched 3D-models, defect management, project handover and the operations and maintenance of buildings. The Company’s main product is the Zutec Platform, which may be described as a cloud-based database. The Company markets several modules which can be connected to the platform to increase its functionality according to the needs of the customer.

Among the Company’s clients are some of the world’s largest construction firms, who have used Zutec’s solutions in major projects globally. Typical projects that Zutec’s services may be used for are airports, ports, hospitals, universities, public buildings and large commercial projects. Prestigious projects in which Zutec’s platform has been used include Wembley Stadium, the Shard and Doha Airport.   

Advisors

Remium Nordic AB is the financial advisor and Remium Nordic Holding AB is the Nasdaq Certified Adviser. MAQS Advokatbyrå is acting as the Company’s legal advisor in relation to Swedish law and Reddy Charlton Solicitors act as the Company’s legal advisor in relation to Irish law. Hagberg & Aneborn Fondkommission AB is acting as issuing agent in connection with the Offering.

For further information, please contact:

Brendan O’Riordan, CEO

+353 1 2013565

brendan.oriordan@zutec.com

Conor O’Brien, CFO

+353 1 2013559

conor.obrien@zutec.com

This information is information that Zutec Holding 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 person set out above, at 18:30 CET on 27 March 2018.

Important information

The information contained in this announcement does not constitute an offer to purchase, subscribe for, or in any other way, to trade with shares or other securities in the Company. The Offering to the concerned persons to subscribe for shares in the Company is made exclusively through the prospectus that has been published by the Company today.

No action has been taken to permit a public offering in any jurisdiction other than Sweden, Ireland, Norway and Finland. The Offering is not directed to persons resident in the United States, Australia, New Zealand, Hong Kong, Japan, Canada, Switzerland, Singapore, South Africa or other jurisdictions where participation would require additional prospectus, registration or measures other than those pursuant to Swedish law.  

The information contained in this announcement released, published or distributed, directly or indirectly, in or to the United States (including its territories and provinces, every state in the United States and District of Columbia (the "United States"), Australia, New Zealand, Hong Kong, Japan, Canada, Switzerland, Singapore, South Africa or other jurisdictions where such release, publication or distribution, in whole or in part, would be unlawful, subject to legal restrictions or would require registration or any other measures other than those pursuant to Swedish law. The information contained in this announcement may not be forwarded, reproduced or presented in any other way that is contrary to such restrictions. Failure to comply with these instructions may constitute a breach of in the United States Securities Act 1933, as amended (the “Securities Act”) or applicable laws in other jurisdictions.

No shares or other securities in the Company have been registered, and no shares or other securities in the Company will be registered, pursuant to the Securities Act or any other securities legislation at any time in force and may not be offered, sold or in any other way transferred, directly or indirectly, in or to the United States.    

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