Admission to trading of the shares in Nyfosa AB on NASDAQ Stockholm
The extraordinary general meeting of Hemfosa on September 13, 2018 resolved to distribute all of the shares in the subsidiary Nyfosa AB (“Nyfosa”) to the ordinary shareholders of Hemfosa. The Board of Directors was authorized to determine the record date for the distribution and the record date has now been set to November 21, 2018. The first day of trading in Nyfosa shares is expected to be November 23, 2018.
Please see Prospectus below.
Subscribe for shares in Dustin Rights Issue
Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 250,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.
Dustin has more than 1,000 employees. Sales for the 2016/17 financial year amounted to approximately SEK 9.3 billion. About 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.
Dustin held 10 of October 2018 an Extraordinary General Meeting resolving to approve the Board of Director’s resolution of 14 September 2018 to carry out a rights issue of approximately SEK 700 million (the “Rights Issue”).
Assuming that the Rights Issue is fully subscribed, the share capital will be increased by a maximum of SEK 55,161,786.22 by new issue of a maximum of 11,032,357 new shares. Assuming full subscription, Dustin will receive total issue proceeds amounting to approximately SEK 695 million, before the deduction of transaction costs.
The Rights Issue is carried out to give Dustin greater flexibility and ability to, within the current strategy, enable Dustin's acquisition ambitions in existing markets.
The Company’s largest shareholder Axel Johnson AB, on 31 August 2018 representing approximately 24.7 per cent of the total number of shares and votes in the Company, supports the resolution on the Rights Issue and intends to subscribe for its pro rata share of the Rights Issue.
Subscription period: 19 October 2018 to and including 7 November 2018.