Axactor AB - Completed Private Placement
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATESOslo, 23 May 2017 - The Board of Directors of Axactor AB (Axactor or the Company) has decided to issue 50 million new shares through a private placement (the Private Placement), raising total gross proceeds to the Company of approximately NOK 107.50 million. The shares are issued at a price of NOK 2.15 per share, which is equal to the closing price on May 22, 2017. The Private Placement was based on strong interest from high quality institutional