Completed placing of shares in AB (publ)
Summary
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE OR MAY BE UNLAWFUL.PLEASE REFER TO THE SECTION "IMPORTANT NOTICE" AT THE END OF THIS PRESS RELEASE.Following the press release issued today, Johan L\xf6f (the "Seller"), has successfully completed the sale of 2,000,000 class B shares in RaySearch Laboratories AB (publ) ("RaySearch Laboratories" or the "Company") corresponding to 5.8 per cent of the share capital of the Company (the "Placing").Following the Placing, Johan L\xf6f holds 3,443,084 class A shares and 68,393 class B shares in the Company, corresponding to approximately 40.5 per cent of the total number of voting rights and 10.2 per cent of the share capital of the Company.The Placing was carried out through a book building procedure at a price of SEK 250 per share. The Seller has agreed Skandinaviska Enskilda Banken (SEB) to a 500-day lock-up period with respect to his remaining shares in the Company, subject to certain customary exceptions.SEB acted as Sole Global Coordinator and Bookrunner and Mannheimer Swartling acted as the Companys legal advisor and Baker & McKenzie Advokatbyr\xe5 acted as the Sellers legal advisor.This information is information that RaySearch Laboratories AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 21:30 CET on the 18 March, 2025.For more information, please contact:THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL, OR SOLICITATION OF AN OFFER TO BUY, ANY SECURITIES IN THE UNITED STATES. THIS ANNOUNCEMENT IS ONLY ADDRESSED TO, AND DIRECTED AT, PERSONS IN RELEVANT MEMBER STATES WHO ARE QUALIFIED INVESTORS WITHIN THE MEANING OF ARTICLE 2 (E) OF THE PROSPECTUS REGULATION (QUALIFIED INVESTORS).IN THE UNITED KINGDOM THIS ANNOUNCEMENT IS DIRECTED EXCLUSIVELY AT QUALIFIED INVESTORS AS DEFINED IN ARTICLE 2 OF THE PROSPECTUS REGULATION AS IT FORMS PART OF DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK PROSPECTUS REGULATION) WHO ARE (I) INVESTMENT PROFESSIONALS FALLING WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (THE ORDER); OR (II) PERSONS FALLING WITHIN ARTICLE 49(2)(A) TO (D) (HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS ETC) OF THE ORDER, AND/OR (III) TO WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED UNDER THE ORDER, ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS (RELEVANT PERSONS). SEB DOES NOT INTEND TO DISCLOSE THE EXTENT OF ANY SUCH INVESTMENT OR TRANSACTIONS OTHERWISE THAN IN ACCORDANCE WITH ANY LEGAL OR REGULATORY OBLIGATION TO DO SO.SEB IS ACTING ON BEHALF OF THE SELLER AND NO ONE ELSE IN CONNECTION WITH THE SHARE SALE AND WILL NOT BE RESPONSIBLE TO ANY OTHER PERSON FOR PROVIDING THE PROTECTIONS AFFORDED TO CLIENTS OF SEB OR FOR PROVIDING ADVICE IN RELATION TO THE SHARE SALE.