Storytel intends to carry out a directed share issue through an accelerated book building process
INSIDE INFORMATION: Storytel AB (publ) (“Storytel” or the “Company”) intends to carry out a directed issue of up to c. 6 million shares through an accelerated book building procedure (the “Directed issue”). The proceeds from the Directed issue will inter alia be used for the Company’s accelerated investments in content production, sales and marketing in accordance with the Company’s communicated expansionary strategy. Storytel has engaged ABG Sundal Collier AB and Swedbank AB (publ) in cooperation with Kepler Cheuvreux to explore the possibilities to conduct the Directed issue.The Directed