Final result of Eniro’s oversubscribed rights issue

The final summation of the rights issue in Eniro shows that 295 080 169 shares, representing 97 percent of the rights issue was subscribed for with the exercise of subscription rights. Additionally, the company has received applications for subscription of ordinary shares without subscription rights, corresponding to in aggregate SEK 110 million, representing 24 percent of the total rights issue proceeds before transaction costs. Allotment of new ordinary shares has been decided by the board of directors, in accordance with the preferential right provided for by the article of association and resolution on the rights issue. All of the 10,562,051 ordinary shares subscribed for without subscription rights have thereby been allocated shareholders who have subscribed for shares with subsidiary preferential rights.

Through the rights issue, Eniro’s share capital increase by SEK 152,821,110. The number of ordinary shares will increase by 305,642,220 to 407,522,960.

As a confirmation of allocation of new ordinary shares subscribed for without subscription rights, a settlement note will be sent to the subscriber or nominee. Subscribed and allotted new ordinary shares must be paid for in cash on the settlement date in accordance with the instruction on the settlement note, on or about 14 April 2015. Shareholders whose holdings are nominee registered will receive confirmation of allotment in accordance with the procedure of the respective nominee.

The last day of trading in paid subscribed shares (BTA) at Nasdaq Stockholm is expected to be April 24, 2015. The new ordinary shares are expected to start trading at Nasdaq Stockholm around April 30, 2015.

ABG Sundal Collier AB is acting as financial advisor and Gernandt & Danielsson Advokatbyrå KB is the legal advisor to Eniro in connection with the rights issue.

For more information, please contact
Stefan Kercza, President and CEO, Tel: +46 8 553 310 00
Roland M. Andersen, Group CFO, Tel: +46 8 553 310 00
Cecilia Ketels, deputy Head of Investor Relations, Tel: +46 72 157 29 07, email: cecilia.ketels@eniro.com

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This information is such that Eniro AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publication at 08:00 CET on April 10, 2015.

Eniro is a search company that aggregates, filters and organizes local information. Our growth is driven by users’ increasing mobility and multiscreen behavior, where we are at the forefront with modern technical solutions. For more than 100 years Eniro has helped people find local information and companies find customers. Today it is a multiscreen solution – our users search for information using their smart phones, tablets and desktops. This creates great business opportunities for us as the local search company. Mobile advertising is today the fastest growing part of Eniro’s business. Eniro is the local search engine. A smart shortcut to what you need, no matter where you are or where you are going.

Eniro is one of the largest search companies in the Nordic region and Poland. The company has approximately 2,300 employees and has been listed on NASDAQ Stockholm since 2000. During 2014, Eniro’s revenues amounted to SEK 3,002 M and EBITDA was SEK 631 M. More than 88 percent of Eniro’s advertising revenues come from multiscreen channels. The company’s headquarters are located in Stockholm, Sweden. More on Eniro at www.enirogroup.com.

Eniro – Discover local. Search local.