Hoylu announces updated timetable for the rights issue


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED KINGDOM, THE UNITED STATES, AUSTRALIA, JAPAN, NEW ZEALAND, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, CANADA, HONG KONG, OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.

On 22 March 2023, an extraordinary general meeting in Hoylu AB (publ) (“Hoylu” or the “Company”) resolved to carry out a rights issue (the “Rights Issue”). The Company has now established the updated timetable for the Rights Issue as follows:

Updated timetable

22 March 2023Extraordinary general meeting (unchanged)
29 March 2023Final day of trading in the Company’s shares including a right to receive subscription rights (unchanged)
30 March 2023First day of trading in the Company’s shares without the right to receive subscription rights (unchanged)
31 March 2023Record date for participation in the Rights Issue (unchanged)
19 April 2023Estimated date for publication of the prospectus
21 April 2023 – 5 May 2023Subscription period
21 April 2023 – 2 May 2023Trading in subscription rights
9 May 2023Estimated time for publishing the outcome of the Rights Issue

For more information, please contact:

Truls Baklid, CEO Hoylu AB
Tel: +47 924 38 900
Email: tob@hoylu.com

Certified Adviser:

Mangold Fondkommission AB, +46 (0) 8 50 301 550, ca@mangold.se

About Hoylu

Hoylu’s Adaptive Workspace opens up a new way for teams to plan, build and engage – so they get the impact they want no matter the industry, department or time. Whatever your management or planning style, Hoylu fits the way you structure your team and integrates all the productivity tools you’re already using. So, you easily plan and complete any project. And when it comes to the work itself, Hoylu gives your team the freedom to drag and drop anything from documents to presentations, and even video conferences. So, anyone can easily share and embed live files for the entire team to work on – all from anywhere, on any device.

For more information: www.hoylu.com
Try Hoylu for free: https://app.hoylu.com/

Important Information

Publication, announcement, or distribution of this press release may, in certain jurisdictions, be subject to restrictions according to law. Recipients of this press release in those jurisdictions, in which this press release has been announced or distributed, should inform themselves of and follow such legal restrictions. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Hoylu in any jurisdiction. Invitation to the persons concerned to participate in the Rights Issue will only take place through the EU growth prospectus which the Company intends to publish in connection with the Rights Issue.

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended. The information in this press release may not be announced, published or distributed in or into the United Kingdom, the United States, Australia, Japan, New Zealand, South Africa, South Korea, Switzerland, Canada, Hong Kong or in any other jurisdiction where the announcement, publication or distribution of the information would not comply with applicable laws and regulations.
Within the European Economic Area, no offer is made to the public of securities in any country other than Sweden. In other Member States of the European Union, such an offer may only be made in accordance with the exceptions in the Prospectus Regulation (EU) 2017/1129.

This press release contains certain forward-looking information that reflects the Company's present view of future events as well as financial and operational development. Words such as "intend", "assess", "expect", "may", "plan", "believe", "estimate" and other expressions entailing indications or predictions of future development or trends, not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties as it depends on future events and circumstances. Forward-looking information is not a guarantee of future results or development, and actual outcomes may differ materially from the statements set forth in the forward-looking information.

Publication

The information was submitted for publication, through the agency of the contact persons set out above, at 08:30 AM CEST on April 18, 2023.