DecideAct receives top guarantee of DKK 4m and 77.5% of the ongoing rights issue is secured

DecideAct A/S [ACT], company announcement no. 14-2023:

Today, DecideAct has received a top guarantee of DKK 4,009,461, covering subscriptions from 66,67% to 100% of the ongoing rights issue.

In the ongoing rights issue (as announced in company announcement 02-2023 on 11 August 2023), the new shares are offered at DKK 2.00 per share with a nominal value of DKK 0.10 leading to maximum gross proceeds of DKK 12.028.386 in case of a full subscription. DKK 5,3 million is secured through binding pre-subscription undertaking from major shareholder J. Munch Holding ApS, other existing and new shareholders and employees, and management corresponding to 44.2% of the Maximum Offer.

With today’s announcement, a total of 9,3mdkk, or 77.5% of the issue is secured. This means that with a public subscription of 22,5% (DKK 2,7 million) or more, the rights issue will be fully or oversubscribed.

The guarantor is LIKAN AG, a financial holding and investment company based in Switzerland.
For more information about the ongoing Issue please visit https://www.decideact.net/investors.

About DecideAct A/S [ACT]: DecideAct is a provider of SaaS software and solutions that move manual execution and follow-up of strategy to a cloud-based Strategy Execution Management platform. By rethinking the way strategy is executed, DecideAct has created a groundbreaking tool that is relevant to all companies and organizations, public or private, in all industries, geographies, functional roles, and their mission-critical priorities related to achieving strategic goals. DecideAct’s vision is to modernize strategic leadership through technology.

Contact Information

Company:
CEO, Flemming Videriksen
+ 45 78756550
E-mail: ir@decideact.net
DecideAct A/S
Østre Kajgade 3, 3730 Nexø, Denmark

Financial Adviser:
Managing Partner Søren Jonas Bruun
+45 40561109
E-mail: sb@gemstonecapital.com

Certified Adviser:
Keswick Global AG