ABG Sundal Collier acted as sole lead manager and bookrunner in connection with the SEK 141m private placement in Enea

Deal announcement

Enea announced today that based on the authorization given by the annual general meeting of Enea, and in accordance with what Enea indicated in its press release on October 25 2017, resolved to carry out a directed share issue of 1,786,000 shares to qualified investors at a subscription price of SEK 79 per share. 
The directed issue has been subscribed by selected Swedish and European qualified investors, including Swedbank Robur Fonder Ny Teknik and DNB Asset Management. The reason for the deviation from the shareholders’ pre-emptive rights is to, in a timely and cost efficient manner, increase Enea’s financial flexibility for further value-creating investments and acquisitions. Through the share issue, Enea will obtain approximately SEK 141 million before transaction costs. Enea primarily intends to use the proceeds to strengthen the company’s market position and long-term earnings by way of acquisitions.
 

About Enea

Enea is a global supplier of network software platforms and world class services, with a vision of helping customers develop amazing functions in a connected society.They are committed to working together with customers and leading hardware vendors as a key contributor in the open source community, developing and hardening optimal software solutions. Every day, more than three billion people around the globe rely on our technologies in a wide range of applications in multiple verticals – from Telecom and Automotive, to Medical and Avionics. They have offices in Europe, North America and Asia, and are listed on Nasdaq Stockholm.