Summary of the MSEK 43.4 share right issue

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NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, WITHIN OR INTO THE AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL

The final result in the share right issue in TargetEveryone AB (“the Company”), for which the subscription period ended on Jun 10, 2019, shows that 3,549,812 shares, corresponding to approximately 3.3 per cent of the shares offered, were subscribed for by the exercise of subscription rights. In addition, 203,332 shares, corresponding to approximately 0.2 per cent of the shares offered have been subscribed for without subscription rights.

The right issue was guaranteed with an amount of MSEK 21. Additionally, the Company has subscription agreements of MSEK 5.3. Consequently, the Company receives proceeds amounting to approximately MSEK 26.3 before transaction related costs through this right issue.

The share capital will increase with SEK 26,255,000 through the issuance of 65,637,500 shares. This gave a dilution of shareholders prior to the right issue of 55 per cent.

The shares are expected to be registered by the Swedish Companies Registration Office (Sw. Bolagsverket) on or about June 21, 2019.


For further information contact:
 

Fredric Forsman 
Chairman of the Board
+46 73-978 78 44
fredric@targeteveryone.com

Certified Adviser: 
Mangold Fondkommission AB (556585-1267) 
Box 55 691 102 15 Stockholm 
Telefon: +46 8 503 015 50 
ca@mangold.se 
www.mangold.se

TargetEveryone AB (publ) is obligated to publish this information under the EU Market Abuse Regulation. The information was provided by the above contact person's auspices, for publication on June 14, 2019 at 1.25 p.m. CEST.

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