PROCEEDS OF REDEEMED WARRANTS, CYBAERO TO 8
The redemption period for CybAero TO 8 ended on January 30, 2015. A total of 1,334,111 CybAero TO 8 warrants were exercised, corresponding to 98.4% of the warrants. CybAero will therefore receive an injection of approximately SEK 16 million before issue expenses.
The new shares are registered as scrips (CybAero IA) in each subscriber's securities account or custody account until the shares have been registered with the Swedish Companies Registration Office and Euroclear. This is expected to be complete by the end of February. They will then also be admitted for trading on First North.
After the new shares have been registered, there will be a total of 18,497,213 shares, and CybAero’s share capital will be SEK 27,745,819.50.
Linköping, February 9, 2015
Board of Directors of CybAero AB (publ)
For more information, please contact:
Mikael Hult, CEO of CybAero AB, tel. +46 (0) 70-564 25 45 email: mikael.hult@cybaero.se
Claes Drougge, Chairman of the Board, tel. +46 (0)70-757 24 68
Information online: www.cybaero.se Videos: www.youtube.com/cybaero
About CybAero
CybAero develops and manufactures Remotely Piloted Aircraft Systems (RPAS) and associated sensor systems for safer and more cost-effective operations in hazardous environments.The company has made a great international impact with its APID 60 helicopter, which can be adapted for for exemple coastal and border surveillance, search and rescue missions, and mapping.
CybAero has its head office in the Mjärdevi Science Park in Linköping, Sweden. The company has more than 40 employees and has been listed on NASDAQ OMX First North since 2007. Remium Nordic AB is the company’s certified adviser.
Important information
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This press release does not contain or constitute an invitation or an offer to acquire, subscribe for or otherwise trade in units, unit rights or other securities in CybAero. Unit rights, units that have been subscribed for and paid up and new shares or warrants will not be registered pursuant to the Securities Act or any provincial law in Canada and may not be assigned or offered for sale in the USA or Canada or to any person or entity domiciled there or for any such person's or entity's account other than in exceptional cases that do not require registration pursuant to the Securities Act or any provincial law in Canada.