New shares in Mind issued
New shares in Mind issued The previously announced new issue of shares in Mind AB (publ), with preferential rights for current shareholders, has been implemented and subscribed in full. The issue resulted in subscriptions for a total of 21 392 648 new shares. The issue will therefore provide Mind with SEK 42 785 296 before the cost of the issue is deducted. The issue will increase the number of shares from 42 213 296 to 63 605 944. The institutional shareholders which have subscribed for the new issue include Svolder and Folksam Fonder. Gabrielsson Invest AB (GIAB) has subscribed for a total of 17 046 924 shares together with a consortium consisting of - among others - John Wattin, Rolf Hasselström and Novestra. The right to subscribe for shares was mainly acquired by the previous principal owners. Hans Hasselgren, Chief Executive Officer of Mind: "We are very pleased that the new shares have been issued and to have Gabrielsson Invest AB as the principal owner of Mind. We now have a financial base which reinforces our options for expansion in a controllable manner by means of takeovers and the recruitment of new staff. With GIAB as our principal owner and Mats Gabrielsson as a member of the Board, we will have the opportunity to co-operate and establish links with a number of interesting companies and gain access to a lot of experience of the IT industry acquired over many years." Mats Gabrielsson, Chairman of GIAB and member of the Board at Mind: "It is pleasing to see that the shareholders continue to have confidence in Mind, given the prevailing market situation. I look forward to acting in my capacity as an owner and Board member and helping to develop the company's business." For more information, please contact: Hans Hasselgren, CEO, Mind, +46 (0) 8 410 210 11 Mats Gabrielsson, GIAB, +46 (0) 70 775 83 20 Ingrid Fleetwood Hesser, Investor Relations, +46 (0) 8 410 218 16 Mind is an IT and business development consultancy focusing on the fields of Finance and Insurance, TIME (Telecoms, Information, Media and Entertainment) and Insight aimed at companies in new growth areas. Customers of Mind include AstraZeneca, Birka Energi, Ericsson, Fora, FöreningsSparbanken, Nordea, OM, Scandinavian Leisure Group and Telia. The company is represented in Sweden and Norway and is listed on the O- List of the Stockholm Stock Exchange. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/08/24/20010824BIT00150/bit0001.doc http://www.waymaker.net/bitonline/2001/08/24/20010824BIT00150/bit0001.pdf