Successfully completed new share issue in Nexam


Nexam Chemical Holding AB (publ) (“Nexam”) today announces that the company has
completed a directed new share issue of 3,000,000 new shares, providing the
company with SEK 67.5 million before reduction of transaction costs.
This press release may not be announced publisher or distributed, directly or
indirectly, in the United States, Canada, Hong Kong, Japan, New Zealand, South
Africa or Australia.

The directed new share issue, which was announced on March 13, 2014, has allowed
Nexam to issue 3,000,000 new shares to international institutional investors and
qualified investors in Sweden at a price of SEK 22.50 per share through an
accelerated book-building process.

The proceeds from the new share issue are intended to be used to finance and
enabling the continuance of a high rate of expansion and the development of the
company, its markets and products.

“The completed new share issue strengthens our financial position and enables an
accelerated high rate of expansion and increased market penetration of Nexam’s
unique product offering. It is pleasing to see that interest in participating in
the offering has been great among both Swedish and international institutional
investors” says Per Palmqvist Morin, CEO of Nexam.

To implement the new share issue, the Board of Directors has resolved, pursuant
to the authorization given by the general meeting on March 20, 2013, on a
directed new share issue of 3,000,000 new shares. The purpose of the resolution
to issue new shares with deviation from the shareholders' preferential rights,
is primarily to take advantage of an opportunity to raise capital on
advantageous terms from new, from a financial perspective, strategically
important owners, thereby promoting Nexam’s ability to create further value for
all shareholders.

The new issue results in an equity dilution of 5.8 per cent based on the number
of shares after the new share issue. The subscription price has been established
through a customary book-building process. In relation to the 10 day volume
weighted average share price on the last trading day before the resolution on
issuance of new shares, the subscription price corresponds to a discount of
approximately 14.1 per cent. In relation to the market close price on March 13,
2014, the subscription price corresponds to a discount of approximately 8.9 per
cent. Current major shareholders have undertaken to temporarily lend required
number of shares to facilitate expeditious delivery to the share subscribers.

Financial and legal advisors

ABG Sundal Collier AB has served as financial advisor and sole bookrunner and
Setterwalls Advokatbyrå AB has served as legal advisor in connection with the
new share issue.

Important information

The publication or distribution of this press release may in certain
jurisdictions be subject to restriction by law, and persons in the jurisdictions
where this press release has been published or distributed should inform
themselves of and follow such legal restrictions. This press release does not
contain or constitute an invitation or offer to acquire, subscribe to or
otherwise trade with shares, subscription rights or other securities in Nexam.

This press release may not be made public, published or distributed, either
directly or indirectly in the United States, Canada, Hong Kong, Japan, New
Zealand, South Africa, Australia or any other country where such procedures are
subject in full or in part to legal restrictions. Nor may the information in
this press release be communicated, reproduced or presented in any way that is
in conflict with such restrictions. Failure to follow this instruction may
involve a breach of the United States Securities Act from 1933 ("Securities
Act") or applicable laws in other jurisdictions.

This press release may contain forward-looking statements. When used in this
press release, words such as “evaluate”, “expect” and “intend” are intended to
identify forward-looking statements. They may involve risks and uncertainties,
including product demand and market acceptance, the effect of economic
conditions, the impact of competitive products and pricing, foreign currency
exchange rates and other risks. These forward-looking statements reflect the
views of the management as of the date made with respect to future events and
are subject to risks and uncertainties. All of these forward-looking statements
are based on estimates and assumptions made by the management and are believed
to be reasonable, though are inherently uncertain and difficult to predict.
Actual results or experience could differ materially from the forward-looking
statements. Nexam disclaims any intention or obligation to update these forward
-looking statements.
For more information, please contact:
Lennart Holm, Chairman of the Board: +46 (0)706 30 8562
Per Palmqvist Morin, CEO, +46 (0)706 55 55 82
Nexam is a Swedish company with a world-leading technology within its area for
heat-activated crosslinking of plastics and polymers. The company develops,
manufactures and markets unique heat-activated crosslinkers to the plastics
market. A company description and more information about the business will be
found on www.nexam.se. The company’s Certified Adviser is Remium Nordic AB.

Note: This press release has been translated from Swedish. The Swedish text
shall govern for all purposes and prevail in case of any discrepancy with the
English version.

Attachments

03147791.pdf