13 April 2021
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, FULLY OR PARTLY, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, HONG KONG, CANADA, JAPAN, NEW ZEALAND, SWITZERLAND, SOUTH AFRICA, SOUTH KOREA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE IN ACCORDANCE WITH APPLICABLE LAW.
Cleantech Europe II Luxembourg Sarl and Readly Co-Investment LP (jointly "Zouk Capital") have distributed approximately 7.1 million shares in Readly International AB ("Readly") to their limited partners. A number of limited partners (the "Sellers") have requested that Zouk Capital explores the conditions for a placement of the Sellers' obtained shares. ABG Sundal Collier has, for this purpose, been engaged to carry out an accelerated book building process (the "Placement").
In total, approximately 3 million existing shares in Readly will be offered for sale, on behalf of the Sellers. The price per share in the Placement will be determined through the accelerated book building process. The Placement will target qualified and institutional investors in Sweden and internationally. The process commences today, the 13[th] of April at 17:31 CEST and may be terminated at any time on short notice.
Zouk Capital is acting solely on behalf of and under the instructions of the selling limited partners in relation to the contemplated Placement. Zouk Capital has not advised the Sellers in their decision to sell shares, nor have they provided any information to the Sellers that has not been publicly disclosed. Neither Zouk Capital nor any of its representatives will sell any shares in the Placement.
Release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions according to law and people in those jurisdictions, in which this press release has been announced or distributed, should inform themselves of and follow such legal restrictions. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Readly in any jurisdiction.
This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended. The information in this press release may not be announced, published or distributed to the United States, Canada, Australia, South Africa, Japan, Hong Kong, Switzerland, Singapore, New Zealand or in any other jurisdiction where the announcement, publication or distribution of the information would not comply with applicable laws and regulations.
ABG Sundal Collier AB acts as sole bookrunner in connection with the contemplated Placement.