NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN, AUSTRALIA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE SUBJECT TO LEGAL RESTRICTIONS
It is hereby announced that Nordic Waterproofing Holding A/S (the “Company”), Danish company registration number 33 39 53 61, has received the following notification pursuant Section 29 of the Danish Securities Trading Act. The information contained in this press release is based on a shares capital of the Company amounting to DKK 24,083,935, following the issuance of 967,884 shares as a result of the warrant exercise, which occurred on 14 June 2016 (the “Capital Increase”).
As of the date of this announcement, it is hereby announced that 945,964 shares (each share has one vote) have been transferred to Axcel IV K/S (Danish company registration number 32 90 65 16). The reason for the transfer of shares is redelivery of shares (such shares constituting a financial instrument) by certain employees of the Company pursuant to a share lending arrangement put in place to allow the settlement of shares sold by said employees in connection with the initial public offering of the Company.
After such redelivery, and Capital Increase it is hereby announced that Axcel IV K/S no longer holds any financial instruments in the Company and that Axcel IV K/S, accordingly directly holds 2,990,780 shares, corresponding to approximately 12.42 percent of the total outstanding share capital and voting rights in the Company.
Further, Axcel IV K/S 2 (Danish company registration number 33 42 65 69) has announced to the Company, that following the Capital Increase, Axcel IV K/S 2 directly holds 2,376,599 shares, corresponding to approximately 9.87 percent of the total outstanding share capital and the attached voting rights in the Company.
Following the redelivery of shares (the financial instrument) and the Capital Increase, Axcel Management A/S has informed the Company that Axcel Management A/S no longer holds any financial instruments in the Company and that Axcel IV K/S accordingly directly and indirectly holds 5,526,443 votes, corresponding to 22.95 percent of the total voting rights in the Company. Axcel Management A/S (Danish company registration number 28 30 18 55), is advisor to Axcel IV K/S, Axcel IV K/S 2 and AX Management Invest II K/S, and has authority to discretionarily exercise the voting rights attached to the shares owned by the aforementioned companies. Axcel Management A/S is controlled by AXIII MP Holding ApS (Danish company registration number 28860986), in turn controlled by AXIII MPH Invest ApS (Danish company registration number 28857314).
The information in this press release is disclosed by Nordic Waterproofing Holding A/S in accordance with the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act.
The information was submitted for publication at 3.30 p.m. CET, on 14 June 2016.
For further information, please contact:
Anders Antonsson, investor relations
Telephone: +46 709 99 49 70