Getinge’s rights issue fully subscribed

The preliminary result of Getinge AB’s (”Getinge”) rights issue shows that over 33.7 million shares, corresponding to approximately 99.2 percent of the shares in the offer, were subscribed for with subscription rights. Additionally, applications for subscription without subscription rights have been received for 21,140,677 shares, corresponding to approximately 62.1 percent of the total rights issue. Hence, the rights issue has been fully subscribed and Carl Bennet AB’s underwriting commitment will not be utilized. Through the rights issue, Getinge raises gross proceeds of approximately MSEK 4,324 before issue costs.

Allotment of new Class B shares subscribed for without subscription rights will be made according to the principles outlined in the prospectus. Such subscribers who have been allotted Class B shares subscribed for without subscription rights are expected to be notified around September 21, 2017. Shareholders with nominee-registered holdings will receive confirmation of the allotment in accordance with the procedure of the respective nominee. Only those who are allotted shares will be notified.

Through the rights issue, Getinge’s share capital will increase by SEK 17,023,098, from the current SEK 119,161,688.50 to SEK 136,184,786.50, through the issuance of 34,046,196 new shares, of which 2,277,150 A shares and 31,769,046 B shares. After the rights issue, the number of shares in Getinge will amount to 272,369,573 shares, of which 18,217,200 A shares and 254,152,373 B shares.

The subscription period ended on September 14, 2017. The final result is expected to be published around September 21, 2017. The last day of trading in paid subscribed shares (BTA) on Nasdaq Stockholm is September 26, 2017. The new shares subscribed for are expected to start trading on Nasdaq Stockholm on September 28, 2017.

Advisors
SEB Corporate Finance is financial advisor and Mannheimer Swartling is legal advisor to Getinge in the rights issue.

For further information, please contact:
Lars Mattsson, Head of Investor Relations
Phone: +46(0)10 335 00 43
E-mail: lars.mattsson@getinge.com

About Getinge
Getinge is a global provider of innovative solutions for operating rooms, intensive-care units, sterilization departments and for life science companies and institutions. Based on our first-hand experience and close partnerships with clinical experts, healthcare professionals and medtech specialists, we are improving everyday life for people, today and tomorrow. 

Important information
The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, subscription rights or other securities in Getinge AB. Any invitation to the persons concerned to subscribe for shares in Getinge is only made through the prospectus which Getinge AB published on August 25, 2017.

This press release may not be released, published or distributed, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such action is wholly or partially subject to legal restrictions or where such action would require additional prospectuses, 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 a manner that contravenes such restrictions or would entail such requirements. Failure to comply with this instruction may result in a violation of applicable securities laws. 

No subscription rights, BTAs (interim shares) or new shares have or will be registered under the United States Securities Act of 1933 (“Securities Act”) or securities legislation in any state or other jurisdiction in the United States and may not be offered, subscribed, used, pledged, sold, resold, allotted, delivered or transferred, directly or indirectly, into or within the United States, other than pursuant to an exemption from, or in a transaction that is not subject to, the registration requirements of the Securities Act and in accordance with securities laws in relevant state or other jurisdiction in the United States.  

This press release may contain forward-looking statements which reflect Getinge AB’s current view on future events and financial and operational development. Words such as “intend”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate” and other expressions which imply indications or predictions of future development or trends, and which are not based on historical facts, are intended to identify forward-looking statements. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or development and the actual outcome could differ materially from the forward-looking statements.