On 9 December 2015, the exercise period for GWS Production AB (GWS) Series TO 1 and TO 2 subscription warrants concluded. 2 723 545 Series TO 1 subscription warrants and 960 374 Series TO 2 subscription warrants were exercised, resulting in an overall exercise rate of approximately 98,5 %. Via the subscription warrants, GWS will thus receive approximately SEK 38,4 million after transaction costs.
In total, 3 683 919 subscription warrants were exercised, meaning that 3 683 919 new shares will be registered with the Swedish Companies Registration Office. GWS will thereby receive approx. SEK 38,4 million (after transaction costs of approximately SEK 0,9 million). The number of shares in GWS after registration with the Swedish Companies Registration Office will amount to 14 248 033 shares and the share capital will amount to SEK 1 139 842,64.
“We are exceptionally pleased with the high level of participation and would like to thank all those who exercised their subscription warrants. Via the capital raised, we obtain the right financial preconditions for focusing on our international expansion at a high tempo, and in securing product development and technology on the cutting edge. We have a fantastic offer with strong products, we see a great demand, and we will work hard to cement our position and establish ourselves as the global leader in mobile-based personal and travel security,” comments GWS CEO, Andreas Rodman.
If you have any questions regarding the subscription warrants, please contact:
Telephone: +46 (0) 431-47 17 00
For further information about GWS, please contact:
Andreas Rodman, CEO
Telephone: +46 (0) 708 – 10 13 16
About GWS Production AB and Safeture
GWS, Global Warning System, was founded in 2009, triggered by the experience with a global SARS epidemic, the 2004 Indian Ocean tsunami and the Mumbai terror attacks. The company offers a mobile device based, personal security service Safeture, in order to protect the traveller via by real-time tracking and providing valuable real-time information about disasters and other threats that could impact on the traveller. The system consists of a range of services that are delivered via the traveller’s mobile phone and is provided to both businesses – SafeturePro, and to private individuals – Safeture.
The GWS share is listed on NASDAQ First North Stockholm. Sedermera Fondkommission is the Certified Adviser.
This is an English version of Press Release communicated by GWS Production AB. In any case of doubt or possible differences regarding the different versions, it is the Swedish version that shall apply.