Record date for distribution of shares in Camanio Care to Brighters shareholders has been set.
At the extraordinary general meeting of shareholders in Brighter AB, which was held December 16 2016 it was decided on a dividend to shareholders of Brighter consisting of a part of Brighter's shares in Camanio Care AB, namely 1,733,672 shares.
The last day of trading of shares in Brighter including the right to receive shares in Camanio Care has been set to January 10, 2017, and the first day of trading shares in Brighter excluding the right to receive shares in Camanio Care is January 11, 2017. The distribution of the shares is expected to be made by January 16, 2017.
The dividend means that shareholders of Brighter AB on the record date, i.e. January 10, receive one (1) share in Camanio Care for every thirty (30) shares in Brighter AB. Brighter’s shareholders do not need to take any actions to receive shares in Camanio Care besides being registered as shareholders in Brighter on the record date.
Since Camanio Care is not listed the tax rate in Sweden on the dividend is expected to be 25%, which corresponds to approximately 0,0225 SEK (2,25 öre) per share in Brighter. The estimated tax on the dividend for 100 shares in Brighter will be 2.25 SEK.
However, the recipient of the dividend is urged to consult necessary tax expertise to ensure that what rules applies for the dividend. Since the dividend consists of shares, the receiver has to settle any tax on the dividend with their local authority. The dividend income belongs to the 2017 tax year.
In the event that a shareholder's holding in Brighter is not evenly divisible by thirty (30) fractions of a share in Camanio Care, such fractions of shares will be consolidated into whole shares which will be sold and the proceeds from the sale will be paid to the shareholders by Euroclear Sweden AB.
For more information, please contact:
Truls Sjöstedt, CEO
Tel: +46 709 73 46 00
Email: truls.sjostedt@brighter.se
Henrik Norström, COO
Tel: +46 733 40 30 45
Email: henrik.norstrom@brighter.se
About Camanio Care AB.
Camanio Care is a robotics company in welfare technology that focuses on helping people to improve their quality of life. Within the focus areas of activation and the meal situation, the company offers several smart and user-friendly products and services, such as jDome Bike Around and Bestic. Camanio Care currently has its headquarters in Stockholm and distributors in Denmark, Finland, Norway, the Netherlands, England, Spain, France, USA and Australia.
About Brighter AB.
Brighter develops solutions for data-driven and mobile health services. Through its intellectual property and its first launch Actiste®, the company creates a more efficient care chain with focus on the individual. The goal is to simplify, streamline and enhance the information flow of relevant and reliable data between the patient and health care professionals. Brighter is initially focused on diabetes care and care for the elderly, but there are opportunities in the future to operate on a broader level, spanning more diseases and treatment approaches. This is done through The Benefit Loop®, Brighter’s cloud-based service that continuously collects, analyzes and shares data on the user's terms.
The Company's shares are listed on NASDAQOMX FIRST NORTH/BRIG. Brighter's Certified Adviser is Remium Nordic AB, +46 (0)8 454 32 50, CorporateFinance@remium.com, www.remium.com.
This information is information that Brighter AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08:30 CET on January 5 2017.