23:59:03 Europe / Stockholm

Bifogade filer

Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Kalender

2024-10-22 Kvartalsrapport 2024-Q3
2024-07-18 Kvartalsrapport 2024-Q2
2024-05-15 Ordinarie utdelning VPLAY A 0.00 SEK
2024-05-15 Ordinarie utdelning VPLAY B 0.00 SEK
2024-05-14 Årsstämma 2024
2024-04-23 Kvartalsrapport 2024-Q1
2024-02-22 Bokslutskommuniké 2023
2023-12-01 Kvartalsrapport 2023-Q3
2023-07-20 Kvartalsrapport 2023-Q2
2023-05-17 Ordinarie utdelning VPLAY A 0.00 SEK
2023-05-17 Ordinarie utdelning VPLAY B 0.00 SEK
2023-05-16 Årsstämma 2023
2023-04-25 Kvartalsrapport 2023-Q1
2023-02-14 Bokslutskommuniké 2022
2022-10-25 Kvartalsrapport 2022-Q3
2022-07-21 Kvartalsrapport 2022-Q2
2022-05-19 Ordinarie utdelning VPLAY B 0.00 SEK
2022-05-19 Ordinarie utdelning VPLAY A 0.00 SEK
2022-05-18 Årsstämma 2022
2022-04-26 Kvartalsrapport 2022-Q1
2022-02-08 Bokslutskommuniké 2021
2021-10-26 Kvartalsrapport 2021-Q3
2021-07-22 Kvartalsrapport 2021-Q2
2021-05-20 Ordinarie utdelning VPLAY A 0.00 SEK
2021-05-20 Ordinarie utdelning VPLAY B 0.00 SEK
2021-05-19 Årsstämma 2021
2021-04-22 Kvartalsrapport 2021-Q1
2021-02-09 Bokslutskommuniké 2020
2021-01-25 Extra Bolagsstämma 2021
2020-10-22 Kvartalsrapport 2020-Q3
2020-07-22 Kvartalsrapport 2020-Q2
2020-05-20 Ordinarie utdelning VPLAY B 0.00 SEK
2020-05-20 Ordinarie utdelning VPLAY A 0.00 SEK
2020-05-19 Årsstämma 2020
2020-04-23 Kvartalsrapport 2020-Q1
2020-02-04 Bokslutskommuniké 2019
2019-10-24 Kvartalsrapport 2019-Q3
2019-10-10 Halvårsutdelning VPLAY B 3.25
2019-10-10 Halvårsutdelning VPLAY A 3.25
2019-07-18 Kvartalsrapport 2019-Q2
2019-05-23 Halvårsutdelning VPLAY A 3.25
2019-05-23 Halvårsutdelning VPLAY B 3.25
2019-05-22 Årsstämma 2019
2019-05-07 Kvartalsrapport 2019-Q1

Beskrivning

LandSverige
ListaMid Cap Stockholm
SektorTelekom & Media
IndustriMedia
Viaplay Group är verksamt inom underhållningsbranschen. Inom bolaget återfinns ett brett utbud av TV kanaler, streamingtjänster samt radiostationer, som vidaresänds runtom den nordiska marknaden. Mer kända varumärken inkluderar ViaPlay, Rix FM samt Viasat. Kunderna återfinns bland företagskunder, där utbudet består av annonsering och digitala marknadsföringstjänster, samt bland privata användare.
2021-02-10 17:31:00

Not for release, distribution or publication in the United States, the United Kingdom, Canada, Australia, South Africa or Japan or any other jurisdiction in which the release, distribution or publication would be unlawful or require registration or any other measure in accordance with applicable law.

  • Banks mandated to evaluate conditions for directed new share issue
  • Directed new share issue intended to raise approximately SEK 4 billion
  • Accelerated book building process to commence immediately
  • Proceeds to be used to fund Viaplay international expansion and to enhance future financial flexibility

Nordic Entertainment Group ("NENT Group" or the "Company") has mandated Carnegie and Citigroup as Joint Global Coordinators, together with Morgan Stanley and Swedbank as Joint Bookrunners (together, the "Banks"), to evaluate the market conditions for carrying out a directed issue of new Class B shares, in order to raise approximately SEK 4 billion by means of an accelerated book building process (the "Share Issue"). The Share Issue is intended to be directed to Swedish and international institutional investors.

The subscription price and the total number of new Class B shares to be issued will be determined through the book building process, which will commence immediately. The Share Issue is contingent on a resolution by the NENT Group Board of Directors, which will be based on the authorisation granted by the extraordinary general meeting on 25 January 2021 and is expected to occur alongside pricing and allocation prior to the commencement of trading on Nasdaq Stockholm at 09.00 CET on 11 February 2021. The Board of Directors may decide to extend or shorten the application period and may, at any time, decide to terminate the book building process and not implement the Share Issue. NENT Group will announce the outcome of the Share Issue after completion of the book building process.

As announced on 10 November 2020 (https://www.nentgroup.com/news/news-releases/nent-group-become-european-streaming-champion-sets-five-year-targets-and-will), NENT Group intends to use the proceeds of the Share Issue to finance the strategic initiatives presented at its Capital Markets Day (https://www.nentgroup.com/reports-presentations) on the same day. NENT Group's vision is to become the European streaming champion, and it intends to launch its Viaplay streaming service in 10 international markets by the end of 2023. Starting with the Baltics on 9 March 2021, Poland in August 2021 and the US by the end of 2021, the intention is to grow the Viaplay subscriber base to approximately 10.5 million subscribers by the end of 2025. Furthermore, the proceeds will be used to enhance the Company's future financial flexibility.

The reason for carrying out a directed share issue, and deviating from shareholders' preferential rights in the Share Issue, is to enable the raising of capital for NENT Group's expansion in a timely and cost-efficient manner, as well as to broaden the Company's shareholder base among Swedish and international institutional investors and increase the liquidity of trading in its shares.

In connection with the Share Issue, the Company intends to enter into a lock-up undertaking, with customary exceptions, regarding future share issues for a period of 180 calendar days from the closing of the Share Issue, and the Company's Board of Directors (https://www.nentgroup.com/about/leadership) and Group Executive Management team (https://www.nentgroup.com/about/leadership) also intends to enter into a lock-up undertaking, with customary exceptions, for a period of 180 calendar days from the closing of the Share Issue.

The accelerated book building process is being led by Carnegie and Citigroup as Joint Global Coordinators, alongside Morgan Stanley and Swedbank as Joint Bookrunners. White & Case is acting as legal advisor to NENT Group, and Baker McKenzie as legal advisor to the Banks.

****

NOTES TO EDITORS

Nordic Entertainment Group AB (publ) (NENT Group) is the Nordic region's leading streaming company and our vision is to become the European streaming champion. Our Viaplay streaming service is available in every Nordic country and will launch in Estonia, Latvia, Lithuania, Poland and the US in 2021, followed by five additional markets by 2023. We operate streaming services, TV channels, radio stations and production companies, and our purpose is to tell stories, touch lives and expand worlds. Headquartered in Stockholm with a global outlook, NENT Group is listed on Nasdaq Stockholm (`NENT A' and `NENT B').
This information is information that Nordic Entertainment Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, at 17:31 CET on 10 February 2021.

Contact us:
press@nentgroup.com(or Roberta Alenius: +46 70 270 72 17)
investors@nentgroup.com(or Matthew Hooper: +44 7768 440 414)

Download high-resolution photos: Flickr (https://www.flickr.com/photos/nentgroup)

Follow us:
nentgroup.com (http://www.nentgroup.com/) / Facebook (http://www.facebook.com/nentgroup) / Twitter (http://www.twitter.com/nent_group) / LinkedIn (https://www.linkedin.com/company/nentgroup) / Instagram (http://www.instagram.com/nentgroup)

Privacy policy:
To read NENT Group's privacy policy, click here (https://www.nentgroup.com/site-services/privacy-policy)

IMPORTANT INFORMATION
The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions and the recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Nordic Entertainment Group in any jurisdiction, neither from Nordic Entertainment Group nor from someone else.

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into the United States, the United Kingdom, Canada, Australia, South Africa, Japan or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

This announcement is not a prospectus for the purposes of Regulation (EU) 2017/1129 (the "Prospectus Regulation") and has not been approved by any regulatory authority in any jurisdiction. Nordic Entertainment Group has not authorized any offer to the public of shares or other securities in any member state of the EEA and no prospectus has been or will be prepared in connection with the Directed Issue. In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation.

In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, "qualified investors" (within the meaning of the United Kingdom version of the EU Prospectus Regulation (2017/1129/ EU) which is part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018) who are (i) persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it.

Forward-looking statements
This press release contains forward-looking statements that reflect the Company's intentions, beliefs, or current expectations about and targets for the Company's and the Group's future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company and the Group operates. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "intend", "may", "plan", "estimate", "will", "should", "could", "aim" or "might", or, in each case, their negative, or similar expressions. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurances that they will materialize or prove to be correct. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, the actual results or outcome could differ materially from those set out in the forward-looking statements as a result of many factors. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements in this press release are free from errors and readers of this press release should not place undue reliance on the forward-looking statements in this press release. The information, opinions and forward-looking statements that are expressly or implicitly contained herein speak only as of its date and are subject to change without notice. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release, unless it is not required by law or Nasdaq Stockholm rule book for issuers.

Information to distributors
Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014/65/EU on markets in financial instruments, as amended ("MiFID II"); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures (together, the "MiFID II Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the shares in Nordic Entertainment Group have been subject to a product approval process, which has determined that such shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, Distributors should note that: the price of the shares in Nordic Entertainment Group may decline and investors could lose all or part of their investment; the shares in Nordic Entertainment Group offer no guaranteed income and no capital protection; and an investment in the shares in Nordic Entertainment Group is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Directed Issue. Furthermore, it is noted that, notwithstanding the Target Market Assessment, the Joint Bookrunners will only procure investors who meet the criteria of professional clients and eligible counterparties.

For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the shares in Nordic Entertainment Group.

Each distributor is responsible for undertaking its own target market assessment in respect of the shares in Nordic Entertainment Group and determining appropriate distribution channels.