Ixonos - Company Announcement

PRELIMINARY RESULTS OF IXONOS’ RIGHTS ISSUE

Helsinki, Finland, 2015-12-28 16:00 CET (GLOBE NEWSWIRE) -- 



Ixonos Plc          Stock Exchange Release          28 December  2015 at 17:00




Not to be published or distributed in or into the United States, Canada,
Australia, Hong Kong, South Africa or Japan. 



PRELIMINARY RESULTS OF IXONOS’ RIGHTS ISSUE



Ixonos Plc's (“Ixonos”) rights issue 9 December 2015 - 23 December 2015 (the
"Rights Issue") was completed on 23 December 2015. According to the preliminary
results, approximately 87.42 per cent of the maximum amount of shares offered
in the Rights Issue (such maximum amount being 136,582,157 shares) was
subscribed for in the primary subscription made with subscription rights and
approximately 0.56 per cent in the secondary subscription made without
subscription rights. 



Tremoko Oy Ab ("Tremoko") has given an underwriting commitment to subscribe for
all shares which are not subscribed for in the Rights Issue. The amount of
shares to be subscribed for by virtue of the underwriting commitment is, based
on the preliminary results, approximately 12.02 per cent of the offered shares. 



Approximately 87.98 per cent of the maximum number of shares offered in the
Rights Issue was subscribed for in the primary and in the secondary
subscriptions in total and, taking into account Tremoko’s underwriting
commitment, 100 per cent i.e. the total of 136,582,157 shares were subscribed
in the Rights Issue. The gross proceeds of the Rights Issue amount to
approximately EUR 8.2 million. 



The Board of Directors of Ixonos will approve the subscriptions in accordance
with the terms and conditions of the Rights Issue on 29 December 2015. 



Approximately on 29 December 2015, the shareholders and other investors that
have taken part in the secondary subscription will be sent a confirmation
letter stating the number of shares to be distributed on the basis of the
secondary subscription. 



Trading in the interim shares, representing the shares subscribed for with
subscription rights, will commence on Nasdaq Helsinki Ltd on 29 December, 2015.
Ixonos will announce the final result of the Rights Issue on 29 December 2015
following the approval of subscriptions by the Board of Directors. All shares
subscribed for in the Rights Issue will be registered in the Finnish Trade
Register on or approximately on 30 December 2015, following which the interim
shares will be combined with Ixonos's existing class of shares on or
approximately on 30 December 2015. The new shares will be subject to public
trading on the official list of Nasdaq Helsinki Ltd together with the other
Ixonos shares starting on or approximately on 4 January 2016. 





IXONOS PLC



Board of Directors



Further information:



Ixonos Plc



CEO Sami Paihonen, tel. 050 502 1111, sami.paihonen@ixonos.com

CFO Kristiina Simola, tel. 040 756 3132, kristiina.simola@ixonos.com



Distribution:

NASDAQ OMX Helsinki

Main media





DISCLAIMER



The information contained herein is not for publication or distribution,
directly or indirectly, in or into the United States, Canada, Australia, Hong
Kong, South Africa or Japan. These written materials do not constitute an offer
of securities for sale in the United States, nor may the securities be offered
or sold in the United States absent registration or an exemption from
registration as provided in the U.S. Securities Act of 1933, as amended, and
the rules and regulations thereunder. The Company does not intend to register
any portion of the offering in the United States or to conduct a public
offering of securities in the United States. 



The issue, exercise and/or sale of securities in the offering are subject to
specific legal or regulatory restrictions in certain jurisdictions. The Company
assumes no responsibility in the event there is a violation by any person of
such restrictions. 



The information contained herein shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any such jurisdiction. Investors
must neither accept any offer for, nor acquire, any securities to which this
document refers, unless they do so on the basis of the information contained in
the applicable prospectus published or offering circular distributed by the
Company. 



The Company has not authorized any offer to the public of securities in any
Member State of the European Economic Area other than Finland. With respect to
each Member State of the European Economic Area other than Finland and which
has implemented the Prospectus Directive (each, a "Relevant Member State"), no
action has been undertaken or will be undertaken to make an offer to the public
of securities requiring publication of a prospectus in any Relevant Member
State. As a result, the securities may only be offered in Relevant Member
States (a) to any legal entity which is a qualified investor as defined in the
Prospectus Directive; or (b) in any other circumstances falling within Article
3(2) of the Prospectus Directive. For the purposes of this paragraph, the
expression an "offer of securities to the public" means the communication in
any form and by any means of sufficient information on the terms of the offer
and the securities to be offered so as to enable an investor to decide to
exercise, purchase or subscribe the securities, as the same may be varied in
that Member State by any measure implementing the Prospectus Directive in that
Member State and the expression "Prospectus Directive" means Directive
2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive,
to the extent implemented in the Relevant Member State), and includes any
relevant implementing measure in the Relevant Member State and the expression
"2010 PD Amending Directive" means Directive 2010/73/EU. 



This document is being distributed to and is only directed at (i) persons who
are outside the United Kingdom or (ii) to investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and
other persons to whom it may lawfully be communicated, falling within Article
49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above
together being referred to as “relevant persons”). Any invitation, offer or
agreement to subscribe, purchase or otherwise acquire securities will be
engaged in only with relevant persons. Any person who is not a relevant person
should not act or rely on this document or any of its contents. 



The information contained in this announcement is for background purposes only
and does not purport to be full or complete. No reliance may or should be
placed by any person for any purposes whatsoever on the information contained
in this announcement or on its completeness, accuracy or fairness. The
information in this announcement is subject to change. Any subscription for
shares in the proposed Rights Issue should be made solely on the basis of the
information contained in the prospectus to be issued by Ixonos in due course. 



This announcement contains certain forward-looking statements. These
forward-looking statements involve risks and uncertainties that could
significantly affect expected results and are based on certain key assumptions.
Many factors could cause actual results to differ materially from those
projected or implied in any forward-looking statements. Due to these
uncertainties and risks, readers are cautioned not to place undue reliance on
such forward-looking statements, which speak only as of the date of this
announcement. Ixonos disclaims any obligation to update any forward-looking
statements contained in this announcement, except as required pursuant to
applicable law.

Attachments:

Tiedote_Alustava tulos 28.12. 2015 EN.pdf