Risk Intelligence clarifies subscription process for ongoing rights issue
Risk Intelligence A/S ("Risk Intelligence" or the "Company") is providing further clarification about the current rights issue, following queries from its shareholders.
Terms in short:
- Anyone who, on the record date of 10 October 2023, was entered in the share register, maintained by VP Securities A/S has preferential rights to subscribe for new shares in the Rights Issue.
- One (1) existing share entitled to one (1) unit right.
- Thirteen (13) unit rights give the right to subscribe for one (1) unit consisting of twelve (12) new shares.
- The subscription price in the Rights Issue will be DKK 15.6 per unit, corresponding to DKK 1.30 per share.
Example:
- If you owned 1,300 shares on the record date, you have received 1,300 unit rights.
- These 1,300 unit rights enable you to purchase 1,000 units. Note: Each unit is comprised of 12 shares.
- The price for each unit (12 shares) is 15.60 DKK equal to 1.30 DKK for each individual share. So, if you choose to buy 1,000 units, the total cost is 15,600 DKK, granting you an additional 12,000 shares.
There are two primary ways to participate:
Subscription with Preferential Right:
For current shareholders who've been allotted unit rights.
- As a shareholder, you'll automatically receive unit rights (RISK INTEL./T-RET) in your account.
- These unit rights allow you to subscribe for new units (each unit contains 12 shares).
- Choose to either use these rights, sell them before their final trading day, or use a few and sell the rest.
- Unsubscribed shares may then be available for the general public.
Subscription without Preferential Right:
For those who do not own shares or unit rights.
- If you don't own shares or unit rights, you can still subscribe. However, there's no guarantee.
- Units not allocated via preferential rights may be available to the public.
Steps to Subscribe in short:
- For Existing Shareholders:
- Subscribe for New Units using the unit rights via your bank's "Corporate Actions" section or by informing your bank manager.
- To buy more units than your rights cover, purchase extra rights or opt for units without rights (see steps 2 or 3).
- General Subscription (Open for All):
- Available for all, but existing shareholders get preference.
- Access the RISK INTELLIGENCE share issue details in your bank's Corporate Actions section and follow the steps.
- No limit on subscription amount. If facing issues, use step 3.
- General Fall-back (Open for All):
- Use the oversubscription form on the RISK INTELLIGENCE investor page.
- Submit the form to your bank by October 24. Ensure your bank processes it correctly. Access the subscription form here.
More information on subscription and the transaction can be found on Risk Intelligence website: https://investor.riskintelligence.eu/rights-issue
For further information about Risk Intelligence, please contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu
Website and social media:
Website: riskintelligence.eu
Investor site: investor.riskintelligence.eu
Twitter: twitter.com/riskstaff
LinkedIn: linkedin.com/company/risk-intelligence
Facebook: facebook.com/riskstaff
Important Information
Publication, disclosure, or distribution of this press release may be subject to restrictions under the law in certain jurisdictions, and individuals in jurisdictions where this press release has been published or distributed should inform themselves about and comply with such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in their respective jurisdiction. This press release does not constitute an offer to, or an invitation to, acquire or subscribe to any securities in the Company in any jurisdiction, either from the Company or from any other party.
This press release does not constitute an offer to acquire or subscribe to securities in the United States. The securities mentioned herein may not be sold in the United States without registration or the application of an exemption from registration under the U.S. Securities Act of 1933 ("Securities Act"), and may not be offered or sold in the United States without being registered, subject to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act. There is no intention to register any securities mentioned herein in the United States or to make a public offering of such securities in the United States. The information in this press release may not be disclosed, published, copied, reproduced, or distributed, directly or indirectly, in whole or in part, in or to the United States (including its territories and provinces, each state in the United States, and the District of Columbia), Australia, Singapore, New Zealand, Japan, Switzerland, South Korea, Canada, Hong Kong, or South Africa, or any other jurisdiction where such disclosure, publication, or distribution of this information would violate applicable laws or where such action is subject to legal restrictions or would require additional registration or other measures beyond what is required by Danish law. Actions in violation of this instruction may constitute violations of applicable securities laws.
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