Anoto announces outcome of rights issue

Anoto Group AB (the “Firm” or “Anot“) hereby declares the end result of the Firm’s rights concern of roughly SEK 50 million (the “Rights concern“) for which the subscription interval ended on December 19, 2024. The rights concern is roughly 37.5 % subscribed, with and with out warrant help. The acceptance obligations of 259,308,520 shares will subsequently be used, akin to roughly 62.5 % of the rights concern. The rights concern will present the corporate with proceeds of roughly SEK 50 million earlier than transaction prices and earlier than mortgage settlements.

Last end result
In the course of the rights concern, 154,891,590 shares have been subscribed to with warrants, which corresponds to roughly 37.3 % of the rights concern. As well as, 623,720 shares have been subscribed with out the help of subscription rights, which corresponds to roughly 0.2 % of the rights concern. Collectively, the subscription with and with out help of warrants subsequently corresponds to roughly 37.5 % of the rights concern. The assure obligations of 259,308,520 shares will subsequently be used, akin to roughly 62.5 % of the rights concern. Which means that no use can be product of the ability to resolve on an over-allotment concern if the rights concern have been oversubscribed, as was determined by the extraordinary basic assembly of November 26, 2024.

The proceeds from the rights concern, along with the focused issuance of roughly SEK 15 million (the “Directed concern“) and the settlement concern of roughly SEK 21 million (the “Settlement downside“), as introduced on October 25, 2024 and resolved by the EGM on November 26, 2024, quantities to roughly SEK 86 million earlier than transaction-related prices. Of the proceeds from the problem, roughly SEK 47 million pertains to the settlement of loans upon the problem.

The final buying and selling day with BTAs is anticipated to happen on or round January 8, 2025. The primary buying and selling day of the brand new shares on Nasdaq Stockholm is anticipated to be January 16, 2025.

Discover of Task
Allocation of shares has been made in accordance with the allocation rules set out within the prospectus printed on November 29, 2024. The notification of allocation to the individuals who’ve subscribed to shares with out warrants is anticipated to be distributed on December 27, 2024. issued and allotted shares can be paid in money in accordance with the directions on the contract word. Subscribers who’ve subscribed for shares by means of a nominee will obtain an allotment discover in accordance with the procedures of the respective nominee. Solely those that have been allotted shares can be notified.

Compensation for guarantee obligations
In reference to the rights concern, quite a lot of traders have offered assure commitments, consisting of a so-called ground assure of roughly SEK 21.2 million, akin to roughly 42.6 % of the rights concern, and a so-called high assure of roughly SEK 13.6 million. million, which corresponds to roughly 27.3 % of the rights concern. For the assure commitments, a compensation of 14 % of the assured quantity can be paid within the type of money compensation or within the type of new shares, within the type of a focused settlement concern. The subscription worth for shares issued as compensation for assure obligations is ready at SEK 0.12 per share, which corresponds to the subscription worth within the accomplished rights concern. A call on any focused settlement to the underwriters can be introduced through a separate press launch.

New variety of shares
As a result of Rights Problem, together with the shares to be issued in reference to the Directed Problem and the Set-off Problem, the variety of shares in Anoto will improve by 770,503,691 shares from 331,859,066 shares to 1,102,362,757.

Advisors
Setterwalls Advokatbyrå is appearing as authorized advisor and Berg Securities AB is appearing as Sole International Coordinator and Bookrunner for the Firm in reference to the issues.

This press launch was printed through the contacts beneath on December 30, 2024 at 1:00 am.

For extra info please contact:
Kevin Adeson, Chairman of the Board of Administrators of Anoto Group AB (publ)
For extra details about Anoto, please go to http://www.anoto.com or ship an electronic mail to ir@anoto.com
Anoto Group AB (publ), Reg.no. 556532-3929, Flaggan 1165, SE-116 74 Stockholm

About Anoto Group
Anoto is a listed Swedish expertise firm recognized worldwide for innovation within the area of information-rich patterns and the optical recognition of these patterns. It’s a chief in digital writing and drawing options and has traditionally used its proprietary expertise to develop smartpens and associated software program. These smartpens enrich the day by day lives of thousands and thousands of individuals world wide. Anoto at the moment has three important enterprise strains: Livescribe retail, Enterprise Types and OEM. Anoto additionally has a stake in Data AI, a number one AI-based schooling options firm. Anoto is traded on the Small Cap checklist of Nasdaq Stockholm underneath ANOT.

• Anoto press release December 30, 2024 (SV)

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