Alcadon Group has decided on a directed non-cash issue of 987,694 shares as part of the payment for the acquisition of UK-based Networks Centre
Alcadon Group has decided on a directed non-cash issue of 987,694 shares as part of the payment for the acquisition of UK-based Networks Centre Holding Company Ltd and its subsidiaries in the UK and the Netherlands
As previously announced in a press release dated 10 August 2022, Alcadon Group AB (”Alcadon”) has entered into a binding agreement to acquire all the shares in the UK company Networks Centre Holding Company Ltd and its subsidiaries (”NWC”) with a scheduled closing date on 17 August 2022. Part of the purchase price will be paid through a non-cash issue of shares in Alcadon corresponding to 72.400.913 SEK. On this basis, the Board of Directors has today decided on a directed share issue of 987,694 shares in Alcadon Group AB, of which the main shareholder Duncan Lindsay and related parties will receive 631,477 shares and the other nine shareholders 356,217 shares at a subscription price of SEK 73.30 per share. The number of shares in Alcadon Group AB after the completed issue increases from 19,625,129 to 20,612,823.
Stockholm, 17 August 2022
For more information, please contact:
Alcadon Group AB
Sonny Mirborn, CEO
Mobil: +46 70 639 50 92
Certified Adviser: Svensk Kapitalmarknadsgranskning AB
Phone number: +46 11 323 07 32
About Alcadon Group AB
Alcadon conducts operations in Sweden, Norway, Denmark, Germany, Belgium and the Netherlands. Since its inception in 1988, Alcadon has established itself as a leading supplier of data and telecommunications products and systems.
Alcadon Group AB (publ), 559009-2382, Segelbåtsvägen 7, 112 64 Stockholm, Sweden