Enea Completes a Directed Share Issue of SEK 162.4 Million

KISTA, Sweden, Feb 21, 2017 /PRNewswire/ --

Not For Publication, Distribution Or Release, Directly Or Indirectly, In Or Into The United States Of America, Canada, Australia, South Africa, Japan, Hong Kong, Switzerland, Singapore Or New Zeeland Or Any Jurisdiction In Which The Publication, Distribution Or Release Would Be Unlawful. This Press Release Does Not Constitute An Offer Of Any Securities Of Enea.

Enea AB (publ) ("Enea") has, based on the authorization given by the extraordinary general meeting of Enea on December 7, 2016, and in accordance with what Enea indicated in its press release on February 20, 2017, resolved to carry out a directed share issue of 1,624,000 shares to qualified investors at a subscription price of SEK 100 per share. The subscription price has been determined through a so-called accelerated book-building procedure.

The directed issue has been subscribed by selected Swedish and European qualified investors, including Swedbank Robur Ny Teknik with a substantial subscription. The reason for the deviation from the shareholders' pre-emptive rights is to, in a timely and cost efficient manner, increase Enea's financial flexibility for further value-creating investments and acquisitions. Through the share issue, Enea will obtain approximately SEK 162.4 million before transaction costs.

After the share issue, the total number of shares and votes in Enea will amount to 17,864,231 shares. The share issue entails a dilution effect of approximately 9.1 percent based on the total number of shares in Enea after the share issue.

In conjunction with the share issue, Enea has mandated ABG Sundal Collier as Sole Lead Manager and Bookrunner.

In parallel with the share issue, Enea's President & CEO, Anders Lidbeck, has sold 41,682 shares in Enea to cover tax costs arising in connection with Enea's long-term incentive program.

For more information visit www.enea.com/investors or contact:

Anders Lidbeck,
President & CEO
Phone: +46-8-507-140-00
E-mail: [email protected] 

About Enea

Enea is a global supplier of network software platforms and world class services, with a vision of helping customers develop amazing functions in a connected society. We are committed to working together with customers and leading hardware vendors as a key contributor in the open source community, developing and hardening optimal software solutions. Every day, more than three billion people around the globe rely on our technologies in a wide range of applications in multiple verticals – from Telecom and Automotive, to Medical and Avionics. We have offices in Europe, North America and Asia, and are listed on Nasdaq Stockholm. Discover more at www.enea.com and start a conversation at [email protected].

Enea®, Enea OSE®, Netbricks®, Polyhedra®, Zealcore®, Enea® Element, Enea® Optima, Enea® LINX, Enea® Accelerator,  Enea® dSPEED Platform and COSNOS® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Polyhedra® Lite, Enea® System Manager, Enea® ElementCenter NMS, Enea® On-device Management and Embedded for LeadersTM are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner. © Enea AB 2017.  

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SOURCE Enea AB

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http://ww.enea.com/investors