Storytel has completed a directed share issue and thereby raises approximately SEK 1,171 million
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 5,370,000 shares corresponding to approximately SEK 1,171 million (the “Directed Issue”). The subscription price in the Directed Issue was set at 218 SEK per share and was determined through an accelerated book building procedure performed by ABG Sundal Collier and Swedbank AB (publ). The Directed issue was significantly oversubscribed. A large number of Swedish and