Storytel has completed a directed share issue and thereby raises approximately SEK 948m
INSIDE INFORMATION: The Board of Directors of Storytel AB (publ) (“Storytel” or the “Company”) has, in accordance with the announcement made in a press release earlier today, successfully completed a directed issue of 5,963,152 shares corresponding to approximately SEK 948m (the “Directed issue”). The subscription price in the Directed issue has been determined through an accelerated book building procedure performed by ABG Sundal Collier and Swedbank AB (publ) in cooperation with Kepler Cheuvreux. The Directed issue was significantly oversubscribed. A large number of Swedish and