Prospectus for NOTE's rights issue now available - including new financial information
The Prospectus contains information on the Company's equity and liabilities as at 28 February 2010. On 28 February 2010, the Company's equity amounted to SEK 191.3 million. Comprehensive income for the period 1 January-28 February 2010 was SEK -18.6 million, including restructuring costs for the period and translation differences in equity. At the same date, NOTE's liabilities totalled SEK 552.3 million. Total pension liabilities amount to SEK 12.7 million. The company has pledged assets of SEK 453.1 million and contingent liabilities of SEK 1.7 million.
In line with the restructuring programme announced in the 2009 year-end report, a decision has been taken to close down production at the Group's units in Skänninge, Sweden and Tauragé, Lithuania.
The prospectus for the rights issue in NOTE has been approved and registered by the Swedish Financial Supervisory Authority, and is now available on the website, www.note.eu, and on HQ Bank's website www.hq.se. The prospectus contains previously unpublished information.
The printed version of the prospectus is expected to be available from 22 April 2010 at NOTE AB (Vendevägen 85 A, 182 17 Danderyd) and HQ Bank (Norrlandsgatan 15, 103 71 Stockholm). The prospectus will also be sent by post to all directly registered shareholders. To receive the printed prospectus and for any questions regarding the rights issue, please contact HQ Bank on telephone +46 8 790 09 40.
More information can be found at the following link:
http://www.note.eu/sv/Investor-relations/Prospekt-for-Nyemission-2010/
For further information, please contact:
Göran Jansson, Acting CEO and President of NOTE, tel. 08-568 990 06, 070-698 85 72
Henrik Nygren, Chief Financial Officer, tel. 08-568 990 03, 070-977 06 86
About NOTE
NOTE's business concept is to offer manufacturing and logistics services for electronics-based products. NOTE is established in Sweden, Norway, Finland, the UK, Estonia, Lithuania, Poland and China. Sales for 2009 totalled SEK 1,200 m, and the group has approximately
1 000. For more information, please visit www.note.eu.
This press release contains information that NOTE is obliged to make public pursuant to the Financial Instruments Trading Act and/or the Securities Markets Act. This information was submitted for publication at 8:30 a.m. on 8 March 2010.
IMPORTANT INFORMATION
The release or distribution of this press release may be restricted by law in certain jurisdictions and persons in jurisdictions where this press release has been released or distributed should inform themselves about and observe any such legal restrictions.
This press release is not addressed to persons residing in the United States, Canada, Japan, Hong Kong,
New Zealand, Australia, South Africa or any other country where the offer or sale of subscription rights, paid subscribed shares or new shares is not authorised. This press release may not be announced, published or distributed, directly or indirectly, in or into the United States, Canada, Japan, Hong Kong, New Zealand, Australia, South Africa or any other country where such action is wholly or partly subject to legal restrictions or where such action would require additional prospectuses, other offering documentation, registrations or other measures in addition to those required by Swedish law. The information in this press release may not be forwarded, reproduced or disclosed in a manner that contravenes such restrictions or that would require additional prospectuses, other offer documentation, registrations or other measures.
This press release does not contain or constitute an invitation or offer to acquire, sell, subscribe for or otherwise trade in shares, subscription rights or other securities in
NOTE AB (publ) will only invite the persons concerned to subscribe for shares in NOTE AB (publ) through the published prospectus.
Neither the Subscription Rights, the Paid Subscription Shares nor the New Shares will be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or any provincial securities laws of Canada and may not be transferred or offered for sale in the United States or Canada or to, or for the account or benefit of, a resident of Canada except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act or in such other circumstances as do not require registration under any provincial securities laws of Canada.