Ampleon calls for conversion of convertible in Sivers IMA
KISTA, SWEDEN, October 6th, 2020 – Sivers IMA Holding AB (Nasdaq First North Growth Market: SIVE) today announced that Ampleon Netherlands B.V. (“Ampleon”) has, by notice to Sivers IMA Holding AB (the “Company”), exercised its conversion right to convert all convertibles in the Company subscribed for by Ampleon in December 2017 and with last date for conversion on 4 December 2020.
The convertible loan including accrued interest amounts to USD 4,521,506, corresponding to 4,651,727 new shares in the Company after conversion of the convertibles. The conversion price amounts to SEK 8.29 per share. According to the terms of the convertible, currency conversion of the loan is made at the fixed exchange rate for SEK/USD of 8.426. The conversion has a dilution effect of approximately 3.0 per cent.
After registration with the Swedish Companies Registration Office, the Company's share capital will amount to SEK 76,340,458.50 divided on 152,680,917 shares.
For more information please contact:
Anders Storm, CEO
Tel: +46 70 262 6390
E-mail: anders.storm@siversima.com
Erik Penser Bank is appointed Sivers IMA Holding AB’s Certified Advisor at Nasdaq First North Growth Market.
Tel: +46 8 463 80 00
E-mail: certifiedadviser@penser.se
Sivers IMA Holding AB is a leading and internationally recognized technology company that, through its two business areas Wireless and Photonics, supplies chips and integrated modules. Wireless develops RF chips and antennas for advanced 5G systems for data and telecommunications networks. Photonics develops and manufactures semiconductor-based optical products for optical fiber networks, sensors and optical fiber communications (Li-Fi). The company is listed on Nasdaq First North Growth Market Stockholm under SIVE. The head office is located in Kista, Sweden. For more information: www.siversima.com