Prenumeration
Beskrivning
Land | Sverige |
---|---|
Lista | First North Stockholm |
Sektor | Industri |
Industri | Maskinindustri |
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, JAPAN, HONG KONG, SOUTH KOREA, SINGAPORE, SOUTH AFRICA, SWITZERLAND, RUSSIA OR BELARUS OR ANY OTHER STATE OR JURISDICTION IN WHICH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES UNDER APPLICABLE LAW.
OXE Marine AB (publ) (”OXE Marine” or the ”Company”) publishes a prospectus (the “Prospectus”) in connection with the rights issue of shares corresponding to a minimum of MSEK 60 and a maximum of MSEK 78 that was resolved by the extraordinary general meeting on 28 October 2024 (the “Rights Issue”).
Prospectus
The Prospectus has been prepared in connection to the Rights Issue and has today, on 6 November 2024, been approved by the Swedish Financial Supervisory Authorithy. The Prospectus, which contains complete terms and conditions, is available on the Company’s website (www.oxemarine.com). The Prospectus will also be available on the Swedish Financial Supervisory Authority’s website (www.fi.se). Subscription forms will be available on the Company’s and Aqurat Fondkommission AB’s respective websites.
Timetable for the Rights Issue
- 8 November – 19 November 2024: Trading in subscription rights
- 8 November – 22 November 2024: Subscription period
- 3 December – 11 December 2024: Trading in BTA
- 26 November 2024: Estimated publication of the final outcome of the Rights Issue
The Rights Issue has a minimum and maximum amount. This means that if the subscription (with or without preferential rights) of shares corresponding to at least SEK 60 million, i. e., at least 171,428,572 shares, is not obtained, the decision regarding the Rights Issue will be cancelled, and the Rights Issue will thus not be completed. The Company has received subscription undertakings and guarantee commitments exceeding the minimum amount of the Rights Issue, however, conditional upon the recapitalisation being completed without any material deviations. If the Rights Issue is not completed, no new shares will be issued or delivered, even if the subscription rights have been acquired through payment.
NOTE THAT IF THE RIGHTS ISSUE IS NOT COMPLETED, SUBSCRIPTION RIGHTS THAT INVESTORS HAVE ACQUIRED ON NASDAQ FIRST NORTH GROWTH MARKET WILL THUS BE WORTHLESS, AND NEITHER THE LIQUIDITY PAID FOR SUCH SUBSCRIPTION RIGHTS IN THE MARKET NOR ANY BROKERAGE FEES WILL BE REFUNDED. INVESTORS WHO ACQUIRE SUBSCRIPTION RIGHTS IN THE MARKET THEREFORE RISK LOSING THE ENTIRE AMOUNT THEY HAVE PAID FOR THE SUBSCRIPTION RIGHTS.
If the Rights Issue is not completed, the BTAs will be cancelled and all proceeds paid for subscription of shares in the Rights Issue will be repaid. The repayment of the proceeds will be made to each BTA holder at the time of repayment, which is expected to occur eight banking days after the last day of subscription.
Advisors
Redeye AB is acting as financial advisor to the Company and Moll Wendén Advokatbyrå AB is acting as legal advisor to OXE Marine. Aqurat Fondkommission AB acts as the issuing agent in connection with the Rights Issue.