Realfiction’s rights issue oversubscribed and directed issue fully subscribed

Realfiction Holding AB’s (publ) (“Realfiction” or the “Company”) rights issue with preferential rights for the Company’s shareholders was oversubscribed by 29 percent and the parallel directed issue was fully subscribed through conversion of loans. The public part of the rights issue, i.e. the part that was not pre-subscribed was oversubscribed by 85 percent. 

1,668,030 shares or approximately 95 percent of the offered shares, were subscribed for with subscription rights. The remaining 76,940 shares have been allocated to 80 individual subscribers in accordance with the principles described on page 19 in the Memorandum. 

The subscription and application period for the rights issue and directed issue ended on 10 May 2019. Notification regarding allotment of shares which have been subscribed for without subscription rights will be distributed on or about 17 May 2019 by settlement note to subscribers or nominees. Subscribed and allotted new shares shall be paid in cash on the settlement day in accordance with the instructions on the settlement note, on or around 24 May 2019. Nominee registered shareholders will receive notification regarding allotment of shares in accordance with the respective nominee’s procedures. 

Realfiction will receive proceeds amounting to approximately SEK 17.4 million before deduction of costs while the directed issue results in the issuance of 679,803 shares by conversion of existing loans and accumulated interest owed of SEK 6.8 million. As a result of the rights issue and the directed issue, the Company’s share capital will increase by SEK 242,477.30 to SEK 1,405,790.80. The total number of shares will increase by 2,424,773 shares to a total of 14,057,908 shares.

The new shares are expected to be registered with the Swedish Companies Registration Office mid-June 2019 and trading in the new shares on Nasdaq First North Stockholm is expected to commence late June 2019.

“I am very pleased about the strong interest in our rights issue and directed issue. I extend gratitude to our owners for their continued confidence in us," said Clas Dyrholm, CEO of Realfiction and adds “I look forward to the hard work with the further significant acceleration of our STEP-UP-19 strategy”.

Advisors in the transaction

Eminova Fondkommission AB acts as issuing agent in connection to the rights issue. Berghco Advokatbyrå AB acts as legal advisors and Gemstone Capital A/S acts as advisors in Denmark.

For more information about Realfiction Holding AB, please contact:  

Clas Dyrholm, founder and CEO 

Telephone: +45 25 22 32 81 

Email: clas@realfiction.com  

www.realfiction.com   

Certified Adviser   

Sedermera Fondkommission is the company's Certified Adviser and can be contacted via ca@sedermera.se or +46 40 615 14 10.

This information is information that Realfiction Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 16 May 2019.  

About Realfiction Holding AB 

Founded in Denmark in 2008, Realfiction is a leading innovator and provider of Mixed Reality solutions and services, a market estimated to reach USD 80 billion by 2025. Realfiction continues to invent technologies within Mixed Reality, with an intention to disrupt the industry by pursuing the vision of converting science fiction into real fiction. Realfiction Holding AB’s share is publicly traded on Nasdaq Stockholm First North under the symbol “REALFI”. The share’s ISIN code is SE0009920994. 

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