According to the authorization, the Board of Directors issues 10,000,000 new shares of series B to a group of institutional and private investors. Among the investors are Banco fonder, Alecta and Lage Jonason with family. The shares will be issued without discount at a price of 5 SEK per share, corresponding to the closing rate of February 19th 2002.
The issue of new shares results in a dilution equivalent of approximately 14,5 % of the number of shares, and 9,9 % of the number of votes in Net Insight.
"It is satisfactory to see that the entire issue of 10.000.000 shares has been signed for. The raising of capital is an important component in the commercial expansion of Net Insight", says Lars Berg, Director of the Board, Net Insight.
For more information, please contact:
Lars Berg, Director of the Board, Net Insight AB.
Tel. + 46 8 685 04 00, e-mail: lars.berg@netinsight.net
Tomas Duffy, CEO, Net Insight AB.
Tel. + 46 8 685 04 00, e-mail: tomas.duffy@netinsight.net
Carl-Johan Blomberg, CFO, Net Insight AB.
Tel. + 46 8 685 06 20, e-mail: carl.johan.blomberg@netinsight.net