2018-01-12 08:30:03

Hoylu AB: Change of total number of shares in Hoylu AB (publ).

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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

 


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Hoylu AB via Globenewswire

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