Press release -

BIMobject AB share issue considerably oversubscribed

The 4th of December 2013, was the final day of the subscription period for BIMobject AB’s share issue prior to its listing on NASDAQ OMX First North. The share issue comprised both shares and share warrants (TO 1).  

The share issue was subscribed to approximately 68 MSEK, including written subscription commitments which equals a rate of 336%. 2 700 000 shares and 5 400 000 share warrants are hereby issued. The share issue represents an initial contribution of 20,3 MSEK and more than 500 new shareholders. Transaction notes will be sent to the subscribers today, the 9th of December 2013.

”What an astonishing response on our share issue. A subscription ratio on 336%, it is just amazing. I would like to welcome all of our new shareholders to BIMobject AB, and thanks to all of you for the tremendous faith you have shown us. We are now, through the share issue and the planned listing on NASDAQ OMX First North, ready to take the next step to take on the expansion in Europe”, says Stefan Larsson, founder and CEO of BIMobject®.

Marketplace, First North
The first day of trading of shares and share warrants at First North is estimated to be January 13, 2014.

Number of shares and share warrants
When the New Share Issue has been registered at the Swedish Companies Registration Office the total number of shares of BIMobject AB will amount to 14 563 280 shares and the share capital will amount to 640 784.32 SEK. In addition to this, there are 5 400 000 outstanding share warrants of TO 1-series.

Summary of conditions attached to share warrants
The holder of any share warrants is entitled, for each share warrant, to subscribe to one new share in the company at a price of SEK 7.70 - 10.50 per share. Within this interval the issue price will increase to 70 percent of the average volume-weighted price of the share according to First North's official price statistics during the period of 20 trading days ending two banking days before the start of the utilisation period. The company will publish the issue price on the day before the first day of the utilisation period. Subscription to shares using share warrants can take place during the period March 25 – April 15, 2015. Estimated last day for trading in share warrants is April 10, 2015.

Financial consultant
Sedermera Fondkommission AB was acting as a financial consultant to the company in connection with the share issue.

Related links

Topics

  • Data, Telecom, IT

Categories

  • bim
  • bim object
  • building information modeling
  • bimobject
  • bimobjet ab
  • bimobject® first north
  • bimobject nasdaq omx
  • bimobject emission

BIMobject® is a game changer for the construction industry worldwide with its cloud based Portal offering development, maintenance and syndication of digital replicas – BIM objects – of manufactured building and interior products.

The marketing and pre-sales services associated with the Portal are channelled and integrated, through specialised software, into CAD/BIM applications to create a business-to-business communication across the globe.

Manufacturers use BIMobject® to promote and deliver their products directly into BIM processes enabling their products to be selected and generate a real improvement in sales.

BIMobject® - Winner for the Red Herring Europe Top 100 Award 2013, Winner for the 2013 Red Herring 100 Global Award and Winner of the IAIR EUROPEAN AWARDS 2013!

Certified Advisor: Sedermera Fondkommission AB

This is an English version of a press release communicated by BIMobject®

Contacts

Natalie Nilsson

Press contact PR and Marketing Manager PR/Marketing/Event +46 40 685 29 00

Stefan Larsson

Press contact CEO Management, marketing +46 40 685 2900

Alexander (Steen) Montell

Press contact Sales Director Large Account Executive +46733024681