Issue of shares to Deccan Value Advisors as consideration for subscription guarantee On the basis of the authorization granted by the EGM, the board of directors of IBS has resolved to issue shares to Deccan Value Advisors as consideration for the subscription guarantee issued by Deccan in connection with the recently completed rights issue. Pursuant to the resolution, 1,162,329 new class B shares are issued to Deccan, whereby set-off is made against Deccan's claim for consideration of SEK 11,147,106 under the relevant subscription guarantee agreement. The subscription price corresponds to SEK 9.59 per share and has been determined in accordance with the subscription guarantee agreement and the EGM's authorization. For more information please contact: Oskar Ahlberg, Investor Relations Director IBS AB Phone: +46 70 244 24 75 oskar.ahlberg@ibs.net IBS in brief With over 30 years of supply chain expertise, IBS is a leading provider of complete ERP solutions. IBS focuses on mid-sized and large distribution companies, as well as sales and manufacturing subsidiaries of international groups, mainly within industries such as automotive, electrical, food, industrial supplies, paper, pharmaceutical, publishing and wholesale distribution. More than 5,000 customers across some 40 countries use IBS software to gain fast and measurable returns on IT investments. IBS B share is listed on OMX Nordic Exchange Stockholm. For more information, please visit www.ibs.net
Issue of shares to Deccan Value Advisors as consideration for subscription guarantee
| Source: IBS AB