FormPipe Software’s rights issue fully subscribed

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG NEW ZEELAND, SOUTH AFRICA OR JAPAN OR IN ANY JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

This is a non-official translation of the Swedish original wording. In case of differences between the English translation and the Swedish original, the Swedish text shall prevail.

PRESS RELEASE, 6 July 2012

FormPipe Software’s rights issue fully subscribed

According to the final results of FormPipe Software’s rights issue, for which the subscription period ended 2 July 2012, 34,509,197 shares corresponding to approximately 94.03 per cent of the offered shares, were subscribed for with subscription rights. The remaining 5.97 per cent, corresponding to 2,191,744 shares have been subscribed for without subscription rights according to the allocation principles set out in the prospectus published on 13 June 2012. The rights issue is therefore fully subscribed and the underwriting and guarantee commitments do not have to be utilised.  

Notifications regarding allotment of shares subscribed for without subscription rights have been sent to those who have received allotment of shares. Only those who are allotted shares will be notified.

Through the rights issue FormPipe Software will receive approximately SEK 125 million before transaction costs. As a result of the rights issue, the number of shares in the company will increase by 36,700,941 to 48,934,588 and the number of votes will increase by 36,700,941 to 48,934,588 and the share capital will increase by SEK 3,670,094 to SEK 4,893,459.   

The new shares subscribed for with subscription rights are expected to be registered with the Swedish Companies Registration Office on or about 10 July 2012, and trading on NASDAQ OMX Stockholm is expected to commence on or about 11 July 2012. New shares subscribed without subscription rights are expected to be registered with the Swedish Companies Registration Office on or about 17 July 2012, and trading on NASDAQ OMX Stockholm is expected to commence on or about 20 July 2012.

Stockholm, 6 July 2012
FormPipe Software AB (publ)

Financial and legal advisors

Carnegie is acting as financial advisor to FormPipe Software. Lindahl is acting as legal advisor to FormPipe Software.

For further information, please contact

Christian Sundin, CEO of FormPipe Software AB, +46 (0)705 67 73 85

For more information about the Company, please go to www.formpipe.se.

FormPipe Software AB (publ), company reg. no.: 556668-6605
Box 231 31, 104 35 Stockholm
Tel.: +46 8 555 290 60

The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was released at 08:00 on 6 July 2012.

About FormPipe Software

FormPipe Software AB (publ) is a software company within ECM (Enterprise Content Management). We develop and supply ECM products for the structuring of information in larger companies, authorities and organisations. Our software helps organisations to capture, manage and place information in a context. Reduced costs, minimised risk exposure and structured information are benefits gained from using our ECM products.

FormPipe Software was established in 2004 and has offices in Stockholm, Uppsala, Linköping and Copenhagen. FormPipe Software AB (publ) is listed on NASDAQ OMX Stockholm.

IMPORTANT INFORMATION

This press release and the information contained herein is not for release, publication or distribution, directly or indirectly, in or into, and is not to be addressed to persons domiciled or situated in, the United States, Australia, Canada, Hong Kong, New Zealand, South Africa or Japan, or any other country or any other jurisdiction in which it is unlawful to buy or to sell the subscription rights, the shares or the paid subscription shares, and may not be reproduced by any means, in whole or in part.

The information on the Rights Issue in this press release is not an offer to acquire, subscribe to or by other means trade in shares, subscription rights or other securities in FormPipe Software. A prospectus regarding the Rights Issue and the subsequent quotation of new shares on NASDAQ OMX Stockholm has been approved and registered by Finansinspektionen (the Swedish Financial Supervisory Authority) and is available on, inter alia, FormPipe Software's website.

The forwarding, distribution, reproduction or display of this press release may in certain jurisdictions be subject to legal restrictions, and persons who gain access to this, or portion of this, should apprise themselves of and comply with such legal restrictions.

This press release, and the information contained herein, neither constitutes, or constitutes part of, an offer to sell shares or other securities, nor an exhortation to buy or subscribe to shares or other securities, in the United States, Australia, Canada, Hong Kong, New Zealand, South Africa or Japan, or any other jurisdiction in which such an offer or exhortation to buy, subscribe to or sell shares or other securities would necessitate a further prospectus or registration measures or other measures than those which ensue from Swedish Law, or would not be lawful without registration or applicable exemption from registration in accordance with the laws pertaining to securities in such jurisdiction.

The subscription rights, the paid subscription shares and the new shares have not and will not be registered in accordance with the United States Securities Act of 1933 in its most recent form (“Securities Act”) or in any jurisdiction outside Sweden. Securities may, in the absence of such registration, not be offered or transferred within the United States or to so-called U.S. persons (as defined in Regulation S in the Securities Act) other than with the application of an exemption from, or through a transaction that is not comprehended by, the registration stipulations of the Securities Act.