The new share issue will significantly strengthen the company's capital base. By showing customers, partners and other parties both a convincing financial strength and the support of strong institutional owners, the issue will enhance the company's competitiveness, facilitate the commercialization of its products and enable a strong development of the company's operations. Robur has subscribed for around half the new shares. Andra AP-Fonden, Banco Fonder, a number of Volvo-linked trust funds and four other Swedish institutions have subscribed for the remaining shares.
The extraordinary general meeting to approve the Board of Directors' proposed issue is scheduled to be held on 29 December. Notification of the EGM will be published shortly.
Net Insight AB (publ)
For more information, please contact:
Tomas Duffy, CEO, Net Insight AB
Phone +46 8 685 04 00, e-mail: tomas.duffy@netinsight.net
Fredrik Trägårdh, CFO, Net Insight AB
Phone +46 685 06 01, e-mail: fredrik.tragardh@netinsight.net