The final results of Haldex AB’s rights issue show that 21,644,736 shares, representing approximately 98.7 percent of the offered shares, were subscribed for with subscription rights. The 275,014 shares that were not subscribed for with preferential rights have been allotted to persons who have subscribed for shares without preferential rights, according to the principles outlined in the prospectus. Notification regarding allotment of shares that have been subscribed for without preferential rights will be sent on December 23, 2009 to those who have been allotted shares. Through the rights issue Haldex will receive proceeds amounting to approximately 504 MSEK before transaction costs. Through the rights issue Haldex’s share capital increases by SEK 109,598,750 to SEK 221,079,850. The number of shares increases by 21,919,750 to 44,215,970. New shares subscribed for with subscription rights is expected to be registered with the Swedish Companies Registration Office on December 28, 2009 and the new are shares are expected to start trading on NASDAQ OMX on December 29, 2009. The new shares subscribed for without preferential rights are expected to start trading on January 12, 2010. Financial and legal advisors Handelsbanken Capital Markets and SEB Enskilda are acting as financial advisors and joint lead managers for the rights issue and Mannheimer Swartling as legal advisor to Haldex. The information above includes that which Haldex AB (publ) is required to publish under the Swedish Securities Exchange and clearing Operations Act. The information was submitted for publication on December 22, 2009 at [●] CET. IMPORTANT NOTICE In certain jurisdictions, the publication or distribution of this press release may be subject to legal restrictions and persons in those jurisdictions where this press release has been published or distributed should inform themselves about and abide by such legal restrictions. This press release is not directed at persons located in the United States, Canada, Australia, Hong Kong, Japan or in any other country where the offer or sale of the subscription rights, interim shares or new shares is not permitted. This press release may not be published or distributed, directly or indirectly, in or into the United States, Canada, Australia, Hong Kong, Japan or any other country where such action is wholly or partially subject to legal restrictions or where such action would require additional prospectuses, other offer documentation, registrations or other actions in addition to what follows from Swedish law. Nor may the information in this press release be forwarded, reproduced or disclosed in such a manner that contravenes such restrictions or would require such additional prospectuses, other offer documentation, registrations or other actions. Failure to comply with this instruction may result in a violation of the United States Securities Act of 1933, as amended ("Securities Act") or laws applicable in other jurisdictions. This press release does not contain or constitute an invitation or an offer to acquire, sell, subscribe for or otherwise trade in shares, subscription rights or other securities in Haldex AB (publ). Any invitation to the persons concerned to subscribe for shares in Haldex AB (publ) will only be made through the prospectus that Haldex AB (publ) intends to publish in the beginning of September 2009, which prospectus will contain, among other things, financial statements as well as detailed information regarding Haldex AB's (publ) Board of Directors and Management. No subscription rights, BTAs (interim shares) or new shares will be registered under the Securities Act or any provincial act in Canada and may not be transferred or offered for sale in the United States or Canada or to persons resident in Canada or on account of such persons other than pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act or in such exempt cases that do not require registration in accordance with any provincial act in Canada, respectively.
December 22, 2009 | Press releaseFinal results of Haldex’s rights issue