Net Insight's new share issue with preferential rights amounting to 39 MSEK was fully subscribed.
The new share issue increases the number of Net Insight shares of series B by 45,836,680. Following the new issue, the share capital amounts to SEK 7,333,869 and the number of shares to 137,510,010, of which 3,600,000 shares of series A and 179,746,720 shares of series B.
The newly issued shares are expected to be available for trading on the O-list of the Stockholm Exchange mid-July, 2003.
"The market situation has been continuously harsh so it's with great satisfaction we announce that the new share issue was fully subscribed, says Lars Berg, Chairman of the Board, Net Insight. With the confidence from our shareholders we can continue the intensified marketing and sales efforts providing Net Insight with the requirements needed for future growth.
For more information, please contact:
Tomas Duffy, CEO, Net Insight AB.
Phone: +46 8 685 04 00, e-mail: tomas.duffy@netinsight.net