Aspiro’s new share issue fully subscribed

Aspiro has carried out a new issue of shares with preferential rights for company share holders. The issue was fully subscribed. Members of the guarantee consortium have, as a result of the full subscription, decided to use their right to subscribe for 70 million shares via a targeted share issue. Hence, the share issue with preferential rights provides Aspiro with SEK 29.4 million before issue expenses and the directed issue provides Aspiro with additional SEK 3.5 million.

“It is heart-warming that the shareholders have such confidence in the company, in spite of the present harsh market condition and Aspiro's exposed position,” says Håkan Persson, CEO of Aspiro. ”Aspiro cannot control external circumstances such as trends in the economy or rate of the telecomsector’s development. But we have now taken action to adapt to the prevailing conditions. Aspiro has a clear direction for its business, a strong brand with high quality and good delivery performance. With the support of a stronger capital base, I and all my colleagues look forward to taking Aspiro into a brighter future and capitalising on the market growth that we can see ahead of us.” The total number of shares after the issue with peferential rights and the directed issue amounts to 755 998 677. For more information: Håkan Persson, CEO, Aspiro AB, ph: +46 708 36 81 30, e-mail: hakan.persson@aspiro.com Helena Gynnerstedt, Head of Information, Aspiro AB, ph: +46 40 630 03 18, e-mail: helena.gynnerstedt@aspiro.com