Directed share issue
As communicated on
The Board of Directors of
The Company will issue a total maximum of 111 801 new shares in the Company, representing approximately 1.8 % of all shares and votes in
The shares are expected to be registered with the
The shares are issued to former major shareholders and key persons in InteliWISE. With the share issue, the Company seeks to retain the said key persons of the Target post acquisition and align their interests towards successful integration of the Target and the Company and the Company’s long term. Furthermore, the directed share issue will be implemented as part of a transaction which supports the execution of Efecte’s strategy. Thus, there is a weighty financial reason from the Company’s perspective to deviate from the shareholders’ pre-emptive subscription right. Subscribed shares will be subject to customary trading restrictions.
Bank loan
As communicated on
Approximately
Additional information:
Niilo Fredrikson
CEO
+358 50 356 7177
niilo.fredrikson@efecte.com
Taru Mäkinen
CFO
+358 40 507 1085
taru.makinen@efecte.com
Certified adviser:
Evli Oyj, tel. +358 40 579 6210
Efecte helps people digitalize and automate their work. Customers across Europe leverage our cloud service to operate with greater agility, to improve the experience of end-users, and to save costs. The use cases for our solutions range from IT service management and ticketing to improving employee experiences, business workflows, and customer service. We are the European Alternative to the global goliaths in our space. Our headquarters is located in Finland and we have regional hubs in Germany and Sweden. Efecte is listed on the Nasdaq First North Growth Market Finland marketplace.
www.efecte.com
© OMX, source