Technopolis’ Rights Issue Completed Successfully
TECHNOPOLIS PLC STOCK EXCHANGE RELEASE June, 13, 2012 at 2.00 pm.
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Technopolis’ Rights Issue Completed Successfully
Technopolis Plc’s (the “Company”) rights issue of approximately EUR 31.8 million in net amount was completed successfully yesterday. Based on the preliminary result, approximately 20.4 million shares in total were subscribed for in the rights issue, representing approximately 168.5 per cent of the approximately 12 million shares offered. According to the preliminary result, 98.2 per cent of the shares offered were subscribed for in the primary subscription and the remaining shares in the secondary subscription.
In respect of shares not subscribed for in the primary subscription, the subscriptions made by shareholders or other subscribers by virtue of the secondary subscription right will be approved in accordance with the terms and conditions of the share offering in proportion to their subscription rights exercised in accordance with the primary subscription right, but not more than up to the maximum number of subscriptions made in the secondary subscription per book-entry account.
The shares subscribed for based on the primary subscription rights have been admitted to public trading on the Official List of NASDAQ OMX Helsinki Ltd as interim shares today, 13 June 2012. The Company will announce the final result of the rights issue on or about 18 June 2012, following the approval of the subscriptions by the Board of Directors. The shareholders and other investors that have used their right in the secondary subscription will be sent a confirmation letter on or about 19 June 2012, stating the number of shares to be distributed to such shareholder or other investor on the basis of the secondary subscription. The shares subscribed for in the rights issue will be registered with the Finnish Trade Register on or about 19 June 2012 after which the interim shares will be combined with the Company’s existing share class on NASDAQ OMX Helsinki Ltd and will be admitted to trading as part of the Company’s current share class on or about 20 June 2012.
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The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Hong Kong, South Africa or Japan. These written materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States or to conduct a public offering of securities in the United States.
The issue, exercise or sale of securities in the offering are subject to specific legal or regulatory restrictions in certain jurisdictions. The Company and SEB Enskilda Corporate Finance Oy Ab assume no responsibility in the event there is a violation by any person of such restrictions.
The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Investors must neither accept any offer for, nor acquire, any securities to which this document refers, unless they do so on the basis of the information contained in the applicable prospectus published or offering circular distributed by the Company.
The Company has not authorized any offer to the public of securities in any Member State of the European Economic Area other than Finland. With respect to each Member State of the European Economic Area other than Finland and which has implemented the Prospectus Directive (each, a “Relevant Member State”), no action has been undertaken or will be undertaken to make an offer to the public of securities requiring publication of a prospectus in any Relevant Member State. As a result, the securities may only be offered in Relevant Member States (a) to any legal entity which is a qualified investor as defined in the Prospectus Directive; or (b) in any other circumstances falling within Article 3(2) of the Prospectus Directive. For the purposes of this paragraph, the expression an “offer of securities to the public” means the communication in any form and by any means of sufficient information on the terms of the offer and the securities to be offered so as to enable an investor to decide to exercise, purchase or subscribe the securities, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression “Prospectus Directive” means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression “2010 PD Amending Directive” means Directive 2010/73/EU.
This communication is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.