Last day of trading in paid subscription units (Sw. BTU)

Last day of trading in (BTU) in Cimco Marine AB (publ) ("Cimco Marine" or the “Company") will be Thursday May 9, 2019 and stop day will be Monday May 13, 2019.

In the rights issue Cimco Marine issued shares and warrants. Through the rights issue, Cimco Marine raises approx. SEK 101.5 million before deduction of issue related costs. Additionally, Cimco Marine can raise approx. SEK 50.75 million assuming full utilization of warrants of series 2019:1.

The rights issue has now been registered with the Swedish Companies Registration Office (Sw. Bolagsverket) and last day of trading in Cimco Marine´s BTU will be May 9, 2019. Stop day will be May 13, 2019. Shares and warrants are estimated to be delivered on the shareholders´ account May 15, 2019.

Warrants
One (1) warrant of series 2019:1 entitles the holder to subscribe for one (1) new share in the Company during the period 7–21 October 2019 at SEK 1.50 per share.

Full terms and conditions are available in Cimco Marine's prospectus on the Company's website (www.oxe-diesel.com).  

As the rights issue has been registered with the Swedish Companies Registration Office, the total number of shares in Cimco Marine amount to 131,006,184 shares and the share capital amount to SEK 3,928,170.46. Warrants of series 2019:1 will amount to 33,833,337. Assuming full utilization of the warrants of series 2019:1, the total number of shares in Cimco Marine will increase to 164,839,521 shares and the share capital will increase to SEK 4,942,650.15.

Advisers
Redeye Aktiebolag acts as financial adviser and Advokatfirman Lindahl Kommanditbolag acts as legal adviser in connection with the rights issue.

Certified Adviser
Västra Hamnen Corporate Finance AB is Certified Adviser for Cimco Marine. Contact details to Västra Hamnen: tel. +46 40 20 02 50, e-mail ca@vhcorp.se.

For further information, please contact:
Anders Berg, Chairman, anders.berg@oxe-diesel.com, +46 70 358 91 55
Andreas Blomdahl, CEO, andreas.blomdahl@oxe-diesel.com, +46 431 44 98 99
Myron Mahendra, CFO and EvP in charge of Administration and HR, myron.mahendra@oxe-diesel.com, +46 76 347 59 82

Cimco Marine AB (publ) has, after several years of development, constructed the OXE Diesel, the world's first diesel outboard engine in the high-power segment. Cimco Marine's unique patented engine-to-propulsion power transmission solutions have led to high demand for the company's engines worldwide.

About Us

OXE Marine AB (publ) has, after several years of development, constructed the OXE Diesel, the world´s first diesel outboard engine in the high-power segment. OXE Diesel has a unique belt driven propulsion system that allows a hydraulic multi-friction gearbox to be mounted. This means that the engine can handle significantly higher loads than a traditional outboard engine. OXE Marine´s OXE diesel has a horizontally mounted engine as opposed to a traditional outboard with a vertically mounted engine.

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