Sivers Press
Sivers IMA Holding AB (Nasdaq First North: SIVE, the company) today announces that Swedbank Robur and Nordic Cross Small Cap Edge have subscribed for in total 4.4 million shares in the company for a consideration of a total of 26.4 SEKm in a share issue in Sivers IMA Holding AB. The shares subscribed for correspond to approximately 4 percent of the votes and share capital of the company after dilution (including outstanding shares issued to former shareholders of CST Global).
“As earlier announced, one of our motives to move our listing to Nasdaq First North was to introduce new, long term, international and institutional shareholders as shareholders of Sivers IMA. I am therefore pleased to welcome Swedbank Robur & Nordic Cross Small Cap Edge as new shareholders in Sivers IMA Holding. With our recent industrial investor Ampleon, we have now also included long term-oriented owners and investors which is an important prerequisite to qualify the company for the Nasdaq main list”, says Anders Storm, CEO of Sivers IMA Holding.
With reference to the mandate given to the Board of directors at the annual general meeting on May 30, 2017, Sivers IMA have decided on a directed cash share issue of 4,400,000 shares at a subscription price of 6.0 SEK per share, which corresponds to a discount of 5 percent based on the volume weighted average share price during the last five trading days. The motive for the deviation from existing shareholders’ precedence is to widen the base of owners with new, long term, institutional shareholders.
For existing shareholders, the share issue results in a dilution of about 4 percent of the share capital and votes in the company. The total number of outstanding shares increases from 107,045,825 shares to a total of 111,445,825 shares. The issue involves increased share capital of SEK 2 220 000 from 53 522 912.5 to SEK 55 722 912.5.
Investors in the directed issue are the following:
| Investor | Amount (MSEK) | Number of shares |
| Swedbank Robur | 24 000 000 | 4 000 000 |
| Nordic Cross Small Cap Edge | 2 400 000 | 400 000 |
Erik Penser Bank is financial advisor to the company regarding the directed share issue.
For more information:
Anders Storm, CEO
Tel: +46 70 262 6390
E-mail: [email protected]
Erik Penser Bank is appointed Sivers IMA Holding ABs Certified Adviser on Nasdaq First North.
Tel: +46 8 463 80 00
This information is insider information that Sivers IMA is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication trough the agency of the contact person set out above, on February 22, 2018, at 21:30 CET.
Sivers IMA Holding AB is a leading and internationally renowned supplier, publicly traded under SIVE at Nasdaq First North Stockholm. The wholly owned subsidiaries Sivers IMA and CST Global develop, manufacture and sell cutting-edge chips, components, modules and subsystems based on proprietary advanced semiconductor technology in microwave, millimeter wave and optical semiconductors. Headquarters in Stockholm, Sweden. Learn more at http://siversima.com.
