Bifogade filer
OXE Marine publishes supplementary prospectus
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 supplement (the “Supplementary Prospectus”) to the prospectus regarding the Company’s ongoing rights issue with preferential rights for existing shareholders (the “Rights Issue”) which was approved by the Swedish Financial Supervisory Authority and made public on 6 November 2024 (the “Prospectus”). The Supplementary Prospectus is part of and should be read together with the Prospectus.
The Supplementary Prospectus has been prepared due to the fact that OXE Marine, following the publication of the Prospectus, through a press release on 13 November 2024 announced that the Company has entered into a top guarantee agreement with Theodor Jeansson in the Rights Issue. With the addition of the top guarantee, the Rights Issue is now covered in its entirety, approximately SEK 78 million, by subscription undertakings and guarantee commitments. The press release has been published in its entirety and is available on the Company’s website, www.oxemarine.com.
Investors who, prior to the publication of this Supplementary Prospectus, have made a subscription or otherwise agreed to subscribe for shares in the Rights Issue are entitled under Article 23 of Regulation (EU) 2017/1129 (the “Prospectus Regulation”) to withdraw their subscription or consent within two working days of the publication of the Supplementary Prospectus, i. E., until 20 November 2024. Withdrawal must be made to Aqurat Fondkommission AB via e-mail to info@aqurat.se. Investors who have subscribed for shares in the Rights Issue through a nominee must contact their nominee for withdrawal. Subscriptions that have not been withdrawn within the specified time will remain binding and investors who wish to remain with their subscription for shares in the rights issue do not need to take any action.
The Supplementary Prospectus which today, on 18 November 2024, has been approved by the Swedish Financial Supervisory Authority forms part of and should be read together with the Prospectus. The Prospectus and the Supplementary Prospectus are available on the Company’s website (www.oxemarine.com). The Supplementary Prospectus will also be available on the Swedish Financial Supervisory Authority’s website (www.fi.se). For complete terms and conditions and other information about the Rights Issue, please refer to the Prospectus.
Timetable for the Rights Issue
- 8 November – 22 November 2024: Subscription period
- 8 November – 19 November 2024: Trading in subscription rights
- 26 November 2024: Estimated publication of the final outcome of the Rights Issue
- 3 December – 11 December 2024: Trading in BTA
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 previously 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. Furthermore, the Company has received a top guarantee commitment of SEK 18 million, meaning that the Rights Issue is now covered in its entirety by subscription undertakings and guarantee commitments. 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.