Sale of shares in AcadeMedia AB (publ)
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Marvin Holding Limited (a holding company owned by EQT V Limited and its co-investors) (“Marvin”) has sold 15,000,000 shares in AcadeMedia AB (publ) (“AcadeMedia”) through an accelerated bookbuilding process to Swedish and international institutional investors at a price of SEK 57 per share (the “Placing”).
Following the Placing, Marvin owns 24,098,326 shares in AcadeMedia, representing approximately 25.4% of the total number of shares in AcadeMedia. Subject to customary exceptions or obtaining consent from Carnegie Investment Bank AB (publ) (“Carnegie”) and Skandinaviska Enskilda Banken AB (publ) (“SEB”), Marvin has agreed to a lock-up period, in relation to its remaining shares in AcadeMedia, until the period ending on the date of the publication of AcadeMedia’s year-end report 2016/2017, that currently is planned to be published on 30 August 2017.
Carnegie and SEB acted as joint bookrunners in connection with the Placing.
Marvin Holding Limited
20 June 2017
THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES OR INVESTMENTS FOR SALE OR A SOLICITATION OF AN OFFER TO BUY SECURITIES OR INVESTMENTS IN ANY JURISDICTION WHERE SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. NO ACTION HAS BEEN TAKEN THAT WOULD PERMIT AN OFFERING OF THE SECURITIES OR POSSESSION OR DISTRIBUTION OF THIS ANNOUNCEMENT IN ANY JURISDICTION WHERE ACTION FOR THAT PURPOSE IS REQUIRED. PERSONS INTO WHOSE POSSESSION THIS ANNOUNCEMENT COMES ARE REQUIRED TO INFORM THEMSELVES ABOUT AND TO OBSERVE ANY SUCH RESTRICTIONS. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF ANY SUCH JURISDICTION.