BIMobject AB: Today the share issue prior to the planned listing on First North is introduced
The share issue is being conducted in order to finance the company's planned expansion and in order to comply with First North's listing requirements. The lowest level for implementation is approximately SEK 14 million. BIMobject has obtained written subscription commitments equivalent to approximately SEK 14.2 million. Subscription commitments have not however been secured via advance transaction, bank guarantee or such like.
"By means of this share issue, we are taking the next step towards the planned listing on First North and to create resources for our global expansion. I would like to invite you to subscribe to units in a company with exciting potential for rapidly becoming established as a leading operator and for building up a successful company", says Stefan Larsson, founder and CEO of BIMobject AB.
Summary of the offer
Subscription period: November 14 - December 4, 2013.
Subscription volume: The minimum subscription volume is 1,000 units. Each unit consists of one new share and two series TO 1 share warrants.
Issue price: SEK 7.50 per unit, i.e. SEK 7.50 per share and the share warrants are issued free of charge. No brokerage is payable.
Issue volume: The offer comprises no more than 2,700,000 shares and no more than 5,400,000 series TO 1 share warrants. If fully-subscribed, the issue will initially contribute approximately SEK 20.3 million to the company. If the issue is fully subscribed to and all attached share warrants are utilised at the maximum strike price, the company will benefit from a further maximum contribution of SEK 56.7 million. Maximum total approximately SEK 77 million before issue costs.
Number of shares before the issue: 11,863,280 shares.
Valuation: Approximately SEK 89 million (pre-money).
Marketplace: It is planned that shares and share warrants will be listed on First North. The review process at NASDAQ OMX has been started and it is estimated that the first day of trading will be January 13, 2014.
Summary of conditions attached to share warrants
The holder of any share warrants is entitled, for each share warrant, to subscribe to one new share in the company at a price of SEK 7.70 - 10.50 per share. Within tjis interval the issue price will increase to 70 percent of the average volume-weighted price of the share according to First North's official price statistics during the period of 20 trading days ending two banking days before the start of the utilisation period. The company will publish the issue price on the day before the first day of the utilisation period. Subscription to shares using share warrants can take place during the period March 25 - April 15, 2015. It is thought that the last day for trading in share warrants will be April 10, 2015.
Full terms and instructions, as well as information about subscription commitments are available in the prospectus published on the company's and Sedermera Fondkommission AB's websites.
Information meetings
In connection with the issue, BIMobject will be arranging and participating in information meetings with the purpose of providing information about the company's activities and plans for the future:
- November 14, 2013, 18.00-19.30 - Investor meeting at the company's premises at Media Evolution City, Stora Varvsgatan 6A, 211 19 Malmö, Sweden. This presentation will also be transmitted live - follow the link to view the live transmission.
- November 18, 2013, 12.00-13.30 - Lunch meeting at Berns, Näckströmsgatan 8, Stockholm, Sweden.
- November 18, 2013, 18.00-19.30 - Investor meeting at Berns, Näckströmsgatan 8, Stockholm, Sweden.
- November 20, 2013, 08.30-10.00 - Breakfast meeting at the company;s premises at Media Evolution City, Stora Varvsgatan 6A, 211 19 Malmö, Sweden.
Click here to register
- November 25, 2013 - Stora Aktiedagen, Kongresshallen - Svenska Mässan Gothenburg, Sweden. To register and for more information: http://www.aktiespararna.se/gbg
Registration is also available via Sedermera Fondkommission AB
(+46 (0)431-47 17 00).
Financial consultant
Sedermera Fondkommission AB is acting as a financial consultant to the company in connection with the share issue.
For further information about the share issue
Sedermera Fondkommission AB
Tel: +46 (0)431-47 17 00
E-mail: nyemission@sedermera.se
BIMobject®:
BIMobject® is a game changer for the construction industry worldwide with its cloud based Portal, offering development, maintenance and syndication of digital replicas -BIM objects - of manufactured building and interior products.
The marketing and pre-sales services associated with the Portal are channelled and integrated through specialised software, into CAD/BIM applications to create a business-to-business communication across the globe.
Manufacturers use BIMobject® to promote and deliver their products directly into BIM processes enabling their products to be selected and generate a real improvement in sales. http://bimobject.com/
BIMobject® - Winner in the Red Herring Europe Top 100 Awards 2013 and Finalist for the Red Herring Global 2013! Winner of the IAIR EUROPEAN AWARDS 2013!
Certified Advisor: Sedermera Fondkommission AB
This is an English version of a press release communicated by BIMobject®