Lund, August 31, 2011 - With reference to the authorization given by the annual shareholders´ meeting held on April 12, 2011, the Board of Anoto Group AB has on
August 30 decided to issue 1 732 188 new shares, where after the number of issued shares is 130 316 055. The subscription price for each new share is 2,99 SEK and the share capital of the company will hereby increase by 34 644 SEK.
The share issue is carried out as a part of the acquisition of 51% of the shares in Destiny Wireless Ltd. Payment of the shares shall take place through delivery to Anoto Group AB of the non cash payment consisting of shares in Destiny Wireless Ltd on August 30, 2011.
After the share issue Anoto owns 51% of the shares in Destiny Wireless Ltd. Anoto has, in accordance with earlier press release, an option to acquire the remaining shares in the company during 2014.
Anoto Group AB may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 08.30 on August 31, 2011.
For more information:
Torgny Hellström, CEO
Anoto Group AB
Tel: +46 (0)733 45 13 00
About Anoto Group:
Anoto Group is the company behind and world leading in the unique technology for digital pen and paper, which enables fast and reliable transmission of handwritten text into a digital format. Anoto operates through a global partner network that focuses on user-friendly solutions for efficient capture, transmission and storage of data within different business segments, e.g. healthcare, bank and finance, transport and logistics and education. The Anoto Group has around 80 employees, offices in Lund (head office), Boston and Tokyo. The Anoto share is traded on the Small Cap list of OMX Nordic Exchange in Stockholm under the ticker ANOT. For more information: www.anoto.com
