SpectrumOne acquires 28% of the shares in Eniro and becomes largest shareholder, receives bridge loans of SEK 55 million and intends to carry out a rights issue of up to SEK 160 million
Summary
The Board of Directors resolution regarding the Rights Issue will be made pursuant to the authorization from the Extraordinary General Meeting of SpectrumOne held on November 4, 2020. For the purpose of financing the main part of the cash purchase price for the Eniro Shares, SpectrumOne has entered into bridge loan agreements with Formue Nord Markedsneutral A/S and Trention AB, respectively. The bridge loans carry interest on market terms and shall be repaid on the earlier of 30 April 2021 and 10 business days after completion of the Rights Issue. The Board of Directors resolution regarding the Rights Issue will be made pursuant to the authorization from the Extraordinary General Meeting of SpectrumOne held on November 4, 2020. Enabling clients with fast and easy access to data insight and visualization coupled with powerful search, segmentation, and mapping features.