14 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 today, 14 April 2021, sold approximately 3 million shares in Readly International AB ("Readly") on behalf of limited partners (the "Sellers"). The shares were sold at a price of SEK 55 per share to qualified investors in Sweden and internationally through an accelerated book building process (the "Placement").
Prior to the Placement, Zouk Capital initiated a stepwise distribution of approximately 7.1 million shares in Readly to their limited partners. A number of limited partners, the Sellers, requested Zouk Capital arrange for a sale of their allotment of shares in Readly. Zouk Capital acted solely on behalf of and under the instructions of the selling limited partners in relation to the Placement. Zouk Capital did not advise 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 sold any shares in the Placement.
ABG Sundal Collier acted as sole global coordinator and bookrunner and Baker McKenzie acted as legal advisor in connection with 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.