Corporate News

Fri, 19 Feb 2016 07:30:00 GMT
Anoto Group successfully completes private placement of around SEK 10.8 million to Swedish and international investors

Lund, Sweden – 19 February 2016 – Anoto Group AB (publ) (“Anoto” or the “Company”) today announces that it has completed a private placement of 13,000,000 new shares to Swedish and international investors at a price of SEK 0.83 per share, providing the Company with around SEK 10.8 million before transaction related costs.

The price per share is equal to around 7 percent discount to the closing price on Thursday, February 18 2016.

The proceeds from the private placement are intended to strengthen the working capital to support the consolidation and proposed acquisitions minority shares of Destiny Wireless, We-inspire and Pen Generations.

For the purpose of the private placement, the Board of Directors of Anoto has resolved,

pursuant to the authorization granted by the annual general meeting held on 22 May 2015, on a directed issue of 13,000,000 new shares. The reason for deviating from the shareholders’ preferential rights by conducting a directed new share issue is to ensure further equity in a short timeframe.

Through the issue, the number of shares in Anoto increases by 13,000,000 from 1,053,193,826 to 1,066,193,826 and the share capital increases by SEK 260,000.00 from SEK 21,063,876.52 to SEK 21,323,876.52. The new issue results in an equity dilution of approximately 1.2 percent after completed issue.

Redeye AB is acting as financial advisor and Setterwalls Advokatbyrå acts as legal advisor in connection with the private placement.

The information in this press release is published pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 08.30 am on February 19, 2016.

For further information, please contact:

Stein Revelsby, CEO Anoto Group AB, tel. +46 (0)733 45 12 05 Anoto Group AB (publ), org. nr. 556532-3929, Mobilvägen 10, SE- 223 62 Lund Tel. +46 46 540 12 00 www.anoto.com

About Anoto Group AB Anoto is a global leader in digital writing and drawing solutions. Its technology platform and branded products enable high-precision pen or stylus input on nearly any surface --- from capturing and digitizing handwritten notes and business forms on paper to designing, creating and collaborating directly on large interactive displays, whiteboards, and walls up to 24 feet. Anoto, its strategic licensing partners, and developer community offer a broad portfolio of products, applications and services to business, consumer and education markets, including best-in-class digital note-taking, creative solutions, collaborative solutions, classroom learning solutions, and document processing & management. The Anoto Group has over 150 employees and is headquartered in Lund (Sweden), with offices in Norrköping (Sweden), Basingstoke, Guildford and Wetherby (UK), Los Angeles, San Francisco, and Boston (US) and Tokyo (Japan). Anoto’s Livescribe brand is the leading maker of smartpens, which bring notes, words, & ideas to life by connecting pen & paper to the digital world. Anoto is traded on the Small Cap list of NASDAQ OMX Stockholm under ANOT.

For more information about Anoto or Livescribe, please visit www.anoto.com

Follow Anoto on Twitter at: @anoto


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