Translation
This text has been prepared in Danish and in English. In case of discrepancies,
the Danish text will prevail.
Company Announcement No. 30/2007
20 July 2007
Announcement of Prospectus
Summary
Capinordic A/S will publish a Prospectus on 23 July 2007 in connection with the
issue of new shares on the Copenhagen Stock Exchange. The Prospectus relates to
a total issue of 17,528,366 shares which are sought admitted to listing on the
OMX Nordic Exchange in Copenhagen. The shares are expected to be admitted to
listing on 30 July 2007.
Publication of Prospectus
The Prospectus relates to a total issuance of 17,528,366 shares which are
sought admitted to listing on the OMX Nordic Exchange in Copenhagen. The shares
are related to the following issues:
1. Direct placement against cash payment effected on 20 March 2007 with gross
proceeds totalling DKK 239,624,000. The subscription price has been fixed at
DKK 27.23, and the nominal value of the direct placement is DKK 4,400,000,
corresponding to 8,800,000 shares of a nominal value of DKK 0.50 each.
2. Non-cash contribution to SL Nordic Holding ApS in connection with the
acquisition of Aktie- og Valutainvest ApS, the value of the non-cash
contribution being fixed at DKK 81,999,991. The subscription price has been
fixed at DKK 26.58, and the nominal value of the direct placement is DKK
1,542,513, corresponding to 3,085,026 shares of a nominal value of DKK 0.50
each.
3. Direct placement against cash payment by SL Nordic Holding ApS with gross
proceeds totalling DKK 149,999,977. The subscription price has been fixed at
DKK 26.58, and the nominal value of the direct placement is DKK 2,821,670,
corresponding to 5,643,340 shares of a nominal value of DKK 0.50 each.
For the three direct placements, the Supervisory Board has exercised the
authority granted in Article 8 of the Company's Articles of Association,
according to which the Supervisory Board is authorised to carry out one or more
increases of the share capital by subscription for new shares.
The shares are expected to be admitted to listing on 30 July 2007. The
Prospectus related to the listing of the new shares will be published on the
OMX Nordic Exchange in Copenhagen on 23 July 2007 and will be available for
download at www.capinordic.com.
The Capinordic A/S Management maintains its expectations of the results for
2007 as announced in the preliminary announcement of the 2006 financial
statements, see Stock Exchange Announcement No. 6/2007 published on 20 March
2007. The Capinordic Group expects a profit before amortisation, depreciation,
impairment and tax in the order of DKK 150,000 thousand for 2007.
Application of proceeds
The proceeds of the three direct placements are expected to be applied to
support the capital base and business of the Capinordic Group to make it
possible to realise the growth strategy of Capinordic A/S. The growth strategy
builds on a combination of acquisitions, alliances, investments and organic
growth.
The public offering
The three issues correspond to an increase in the share capital by a nominal
amount of DKK 8,764,183 divided into a total of 17,528,366 shares of a nominal
value of DKK 0.50 each. The share capital will be increased from a nominal
amount of DKK 44,782,383 divided into 89,564,766 shares of a nominal value of
DKK 0.50 each to a nominal amount of DKK 53,546,566 divided into 107,093,132
shares of a nominal value of DKK 0.50 each. The issue corresponds to a 19.57
per cent increase in the share capital.
Time schedule
The time schedule for admission of the shares to listing will be as follows:
• Publication of Prospectus: 23 July 2007
• Date of listing of the new shares: 30 July 2007
Yours sincerely
Claus Ørskov
Chairman of the Supervisory Board
Lasse Lindblad
CEO
For further information, please contact:
Lasse Lindblad, CEO
+45 8816 3000
+45 4094 0708
info@capinordic.com
