Final results of Hexagon's rights issue
22 December 2010
The final result of Hexagon's rights issue show that 87 783 072 shares, representing approximately 99.6 per cent of the offered shares, were subscribed for by the exercise of subscription rights. The 339 335 shares of series B that were not subscribed for with subscription rights have been allocated to persons who have subscribed for shares on the basis of subsidiary preferential rights, according to the principles outlined in the prospectus. Notification regarding allocation based on subsidiary preferential rights is only sent to those who have been allocated shares. Through the rights issue, Hexagon will receive proceeds amounting to approximately 6 521 MSEK before transaction costs.
Through the rights issue Hexagon's share capital increases by 176 244 814 SEK to 707 284 354 SEK. The number of shares increases by 88 122 407 of which 3 937 500 shares of series A and 84 184 907 shares of series B. Total number of shares after the rights issue amounts to 353 642 177 shares of which 15 750 000 shares of series A and 337 892 177 shares of series B.
The new shares subscribed for with subscription rights are expected to be registered with the Swedish Companies Registration Office ("SCRO") on 23 December 2010 and start trading on NASDAQ OMX Stockholm and SIX Swiss Exchange on 28 December 2010. The new shares subscribed for on the basis of subsidiary preferential rights are expected to be registered with SCRO on 10 January 2011 and to start trading on 11 January 2011. Only shares of series B will be traded on NASDAQ OMX Stockholm and SIX Swiss Exchange.
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Hexagon AB is a leading, global provider of 3D solutions to design, measure and position objects, and to process and present data. Hexagon's solutions enable customers to increase productivity, enhance quality and make better, faster operational decisions. Hexagon has about 11,000 employees in more than 42 countries and net sales of approximately 20,000 MSEK. Read more at www.hexagon.se