Swedish prospectus for NOTE’s new share issue now available–including new financial information
The prospectus contains information on the Company’s equity and liabilities as of 28 February 2010. On 28 February 2010, the Company´s equity was SEK 191,3 m. Total losses for the period 1 January–28 February 2010 was SEK -18,6 m, including costs for restructuring and translation difference in equity. At the same time, NOTE’s liabilities were SEK 552,3 m. Total pension commitments are SEK 12,7 m. The Company’s pledged assets are SEK 453,1 m and the contingent liability is SEK 1,7 m.
As part of the restructuring program, communicated in the Year-end Report for 2009, decisions has been taken to discontinue production in the goup’s plants in Skänninge, Sweden, and Tauragé, Lithuania.
A Swedish prospectus regarding NOTE’s rights issue has been approved and registered by the Swedish Supervisory Authority, and is now available at the website, www.note.eu, and at HQ Bank’s website, www.hq.se. The prospectus contains information that has not been published before.
A printed version of the Swedish prospectus is planned to be available as from 22 April 2010 at
NOTE AB (Vendevägen 85 A, 182 17 Danderyd, Sweden) and HQ Bank (Norrlandsgatan 15, 103 71 Stockholm, Sweden). The Swedish prospectus will also be sent by mail to all shareholders with directly registered shares. To take part of the printed version of the Swedish prospectus and for information regarding the rights issue, please contact HQ Bank at tel. +46 8 790 0940.
For more information, please contact:
Göran Jansson, acting CEO and President, tel. +46 (0)8 568 99006, +46 70 698 8572
Henrik Nygren, CFO, tel. +46 (0)8 568 99003, +46 (0)70 977 0686
About NOTE
NOTE’s business concept is to offer services in the production and logistics of electronics-based products. NOTE has a presence in Sweden, Norway, Finland, the UK, Estonia, Lithuania, Poland and China. In 2009, net sales were SEK 1,200 m; the group has approximately 1,000 employees. For more information, please go to www.note.eu.
This press release contains information that is mandatory for NOTE to publish pursuant to the Swedish Financial Instruments Trading Act and/or the Swedish Securities Markets Act. This information was submitted for publication on 16 April 2010 at 1:30 p.m. CEST.
IMPORTANT NOTICE
In certain jurisdictions, the publication or distribution of this press release may be subject to legal restrictions and persons in those jurisdictions where this press release has been published or distributed should inform themselves about and abide by such legal restrictions.
This press release is not directed at persons located in the United States, Canada, Japan, Hong Kong, New Zeeland, Australia, South Africa or in any other country where the offer or sale of the subscription rights, interim shares or new shares is not permitted.
This press release may not be published or distributed, directly or indirectly, in or into the United States, Canada, Japan, Hong Kong, New Zeeland, Australia, South Africa or any other country where such action is wholly or partially subject to legal restrictions or where such action would require additional prospectuses, other offer documentation, registrations or other actions in addition to what follows from Swedish law. Nor may the information in this press release be forwarded, reproduced or disclosed in such a manner that contravenes such restrictions or would require such additional prospectuses, other offer documentation, registrations or other actions.
This press release does not contain or constitute an invitation or an offer to acquire, sell, subscribe for or otherwise trade in shares, subscription rights or other securities in NOTE AB (publ). Any invitation to the persons concerned to subscribe for shares in NOTE AB (publ) will only be made through the published prospectus.
No subscription rights, BTAs (interim shares) or new shares will be registered under the United States Securities Act of 1933, as amended ("Securities Act"), or any provincial act in Canada and may not be transferred or offered for sale in the United States or Canada or to persons resident in Canada or on account of such persons other than pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act or in such exempt cases that do not require registration in accordance with any provincial act in Canada, respectively.