SpectrumOne's main owner convert loan into shares

SpectrumOne AB (publ) issued a convertible loan amounting to SEK 10 million to Vildmarksstugor i Norrland AB during the first quarter of 2020. In accordance with the terms of the convertible loan, Vildmarksstugor i Norrland AB could convert all or part of the loan amount into shares in SpectrumOne AB until the maturity date on March 31, 2022 at a conversion price of SEK 1.00, which Vildmarksstugor i Norrland AB  has now decided to do.

After the conversion SpectrumOne’s  total number of shares will increase from 364,220,904 to 374,220,904. The share capital increases by SEK 1,000,000 and after conversion amounts to SEK 37,422,090.40.

For further information contact:
Fredric Forsman
Chairman
+46 73 978 78 44
fredric@spectrumone.com

Certified Adviser:
Aktieinvest FK AB (556072-2596)
Box 7415 103 91 Stockholm
Telefon: +46 8 506 517 03
ca@aktieinvest.se
www.aktieinvest.se

About SpectrumOne AB

SpectrumOne is a leading technology company delivering an advanced Data Management, Analytics & Communications platform suite. Offered in a SaaS online service shipping with rich market data from various professional providers, SpectrumOne provides a unique solution to many leading actors across industry segments in various countries. Enabling clients with fast and easy access to data insight and visualization coupled with powerful search, segmentation, and mapping features. SpectrumOne allows data to be quickly enabled and operationalized, driving activities from customer communication to data science supporting business analysis, strategy, and growth. All of which can be enabled the same day with immediate results. SpectrumOne´s headquarter is based in Stockholm, Sweden, responsible for Nordic sales and strategy, with additional sales and business development located in Norway, Finland, Belgium and Spain.  SpectrumOne is listed on Nasdaq First North Growth Market in Stockholm.

www.spectrumone.com