TalkPool is conducting a new share issue of SEK 10 million to support acquisitions and improve share liquidity

This information is information that Talkpool is obliged to make public pursuant
to the EU Market Abuse Regulation and the Securities Markets Act. The
information was submitted for publication, through the agency of the contact
person set out above, at 16.10 CET on 12 October, 2016.
TalkPool has, with the authorization of the AGM at the 4 of March 2016, decided
to conduct a new share issue of the amount of SEK 10 million. The share issue
consists of a maximum of 222,222 B-shares to the price of SEK 45 per share. The
share issue is directed to the public to improve share liquidity and finance
ongoing acquisition activity.
TalkPool have decided to increase the funding of the company and expand its
growth ambitions even further, both organically and through acquisitions. The
acquisition of Camouflage B.V., which was announced on the 29 of September 2016,
was one example of Talkpool’s current M&A opportunities. The Company is
currently engaged in other well advanced negotiations within both IoT and
Network Services. Another reason for the new share issue is to achieve a better
spread of share ownership to new shareholder groups, with a better share
liquidity as a benefit for all TalkPool shareholders.
“The vast interest for subscription in the IPO gives us the opportunity to
proceed with our dedicated growth strategy. We continue to evaluate M&A cases in
several geographical markets to identify and evaluate potential acquisition
candidates, within both Network Services and IoT. We see this complementary
issue of new shares as another step in the direction of our vision – to be the
most respected and successful technology partner in the telecom services and the
IoT-industry”, says Erik Strömstedt, CEO of TalkPool.
The new shares issue is addressed to the public, without preferential rights for
existing shareholders. The offer comprises of 222 222 B-shares at most and 111
111 B-shares at least. Upon fully completed issuance the Company will receive
SEK 10 000 000. The Offer Price for the Offer has been determined to SEK 45 per
share. The Offer Price is the net price after a discount of 10 % on the closing
share price per October 7, or a 12 % discount on the average market share price
over the last 20 trading days on Nasdaq First North. Application is through
Nordnet and can be made up until October 23, 2016.
For further information, please visit www.talkpool.com or contact:
Erik Strömstedt, CEO, tel: +41 79 790 60 40
Hanna Rubensson, CFO tel: +46 73 140 48 40
About Talkpool
TalkPool builds, maintains and improves telecommunication networks globally.
Through its cutting-edge technical expertise, long experience and agile business
model, TalkPool offers global telecom vendors and operators high-quality
services on short notice no matter the location. Moreover, TalkPool is one of
few companies with actual solutions and contracts in place in the exciting IoT
-market. Remium Nordic AB is TalkPool’s Certified Advisor.