Malmö January 12, 2018, Hoylu AB (publ) (“Hoylu”) announces that the directed shares issue previously communicated on December 28, 2017 will be competed in two tranches;
Tranche 1: A set-off against debt, and
Tranche 2: Cash infusion
Furthermore, Hoylu announces that the directed share issue for Tranche 1 has been completed and as a result the number of shares in Hoylu has increased by 1,015,823 new shares with a subscription price of SEK 5.67. Hoylu’s share capital has increased from 931,561 SEK to 1,015,304.29 SEK divided into 12,315,822 shares.
For clarification purposes, the subscription price for Tranche 2 is SEK 5.50 and as a result the average subscription price for both trances amounts to SEK 5.56 per share. Tranche 2 payments have been received and the registration of the shares is being processed.
For more information, please contact:
Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email: sr@hoylu.com
Karl Wiersholm, CFO at Hoylu +1 425 829 2316 Email: kw@hoylu.com
Hoylu AB
Hoylu delivers solutions for presentation, ideation and collaboration that focus on enhancing the user experience. The company’s main area of interest is software for Creative Collaboration, combined with intuitive input and display technologies. This includes technologies for remote collaboration, Internet of Things and for connecting workspaces in different locations together, with the objective of simplifying work processes while improving productivity and creativity. For more information: www.hoylu.com or visit www.introduce.se/foretag/hoylu.
Ticker symbol: Hoylu
Marketplace: Nasdaq First North Stockholm
Certified Adviser: Mangold Fondkommission +46 (0)8 50301550
Legal Advisors: MAQS Advokatbyrå
Publication
This information is information that Hoylu AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at (08:30) CET on January 12, 2018
