Report from Cision's extraordinary general meeting on 17 March 2010


Report from Cision's extraordinary general meeting on 17 March 2010

The extraordinary general meeting in Cision on 17 March 2010 resolved to approve
the resolution by the board on 14 February 2010 on a rights issue with
preferential rights for the company's shareholders and resolved to, in order to
enable the rights issue, amend the articles of association's limits for the
share capital to not less than SEK 210,000,000 and not more than SEK 840,000,000
and the limits for the number of shares to not less than 140,000,000 shares and
not more than 560,000,000 shares.

Under the terms and conditions of the rights issue, each existing share in
Cision entitles to one (1) subscription right and one (1) subscription right
entitles to subscription for one (1) new share. The subscription price is SEK
3.40 per share, which means that the rights issue will raise a maximum of SEK
253,451,021 before issue costs, through the issue of not more than 74,544,418
new shares.

The record date at Euroclear Sweden AB for participation in the rights issue
with preferential rights is 22 March 2010. Subscription for new shares shall
take place during the period from 24 March 2010 up to and including 12 April
2010, or such later date as the board my decide.

A number of Cision's largest shareholders, among others Cyril Acquisition AB,
Fairford Holdings Scandinavia AB, Harris Associates L.P., Investment AB Öresund
and Lannebo Fonder AB, collectively representing approximately 50.0 percent of
the total number of shares and votes, have expressed their support for the
rights issue and have committed to subscribe for shares corresponding to their
pro rata shares of the rights issue. In addition, Cyril Acquisition AB, Harris
Associates L.P., Investment AB Öresund and Lannebo Fonder AB have committed to
subscribe for additional shares, thereby underwriting in total 50.0 percent of
the rights issue. In total, the above mentioned shareholders have, consequently,
committed to subscribe for shares corresponding to 100 percent of the rights
issue. Total underwriting fees amount to approximately 3.8 percent of the total
underwritten amount. 

In addition to the above mentioned shareholders, institutional shareholders
collectively representing approximately 9.6 percent of the total number of
shares and votes, have expressed their support for the rights issue and have
expressed their intention to subscribe for their respective pro rata shares of
the rights issue. 

Timetable for the rights issue

18 March 2010	
First day of trading in the share excluding right to participate in the right
issue

22 March 2010	
Record date for participation in the rights issue

22 March 2010	
Publication of the prospectus

24 March - 7 April 2010	
Trading in subscription rights

24 March - 12 April 2010	
Subscription period

For further information, please contact: 

Hans Gieskes, President and CEO 
Telephone: +46 8 507 410 11 
E-mail: hans.gieskes@cision.com 

Erik Forsberg, CFO 
Telephone: +46 8 507 410 91 
E-mail: erik.forsberg@cision.com 


Cision AB 
SE-114 88 Stockholm 
Telephone: +46 8 507 410 00

Cision empowers businesses to make better decisions and improve performance
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partners in 125 countries. Cision AB is quoted on the Nordic Exchange with
revenue of SEK 1.5 billion in 2009.

This press release is also available at www.cision.com

Attachments

03182022.pdf