Elettronica
Prospectus approved concerning the rights issue resolved by Incap Corporation on 25 May 2015
Incap Corporation
Stock Exchange Release 25 May 2015 at 2.45 pm (EET)
PROSPECTUS APPROVED CONCERNING THE RIGHTS ISSUE RESOLVED BY INCAP CORPORATION ON 25 MAY 2015
The Financial Supervisory Authority has today approved the prospectus drafted in accordance with the Finnish Securities Markets Act (746/2012, as amended) related to the rights issue resolved by the Board of Directors of Incap Corporation (the "Company") on 25 May 2015. In the rights issue the Company offers based on the pre-emptive subscription right of its shareholders in maximum 109,114,035 new shares in the Company for subscription. The Company has disclosed the terms and conditions for the rights issue in their entirety earlier today by a stock exchange release.
The prospectus includes certain previously non-disclosed information, which according to the Company may have a material impact on the value of its securities. Such information is as follows:
The investors are instructed to acquaint themselves with the entire prospectus and especially the description of the risk factors in the prospectus.
In addition, Inission AB has informed the Company that the Finnish Financial Supervisory Authority has granted an exemption to it so that Inission AB has no duty to launch a public tender offer in accordance with the Finnish Securities Markets Act (746/14.12.2012, as amended) even if its ownership in the Company would exceed 50 per cent of the votes related to all shares in the Company pursuant to the use of the preferred subscription rights within the right issue resolved today by the Company's Board of Directors. A prerequisite to the exemption is that in the event Inission AB's ownership due to the use of its preferred subscription rights in the rights issue would exceed 50 per cent of the votes related to all the shares in the Company, Inission AB shall not acquire or subscribe more shares in the Company or otherwise increase its voting rights in the Company.
The prospectus is available in Finnish language as from 25 May 2015 at the reception of the registered office of the Company, at Keilaranta 4, 02150 Espoo, Finland on weekdays during the normal office hours and in the electronic form on the website of the Company at the internet www.incapcorp.com/investors-f/ and as from 26 May 2015 at www.fim.com/.
Jonver Capital Oy acts as the financial advisor and Bird & Bird Attorneys Ltd. acts as the legal advisor to Incap in the rights issue.
In Helsinki, 25 May 2015
INCAP CORPORATION
Board of Directors
Further information:
Ville Vuori, President and CEO, tel. +358 400 369 438
Kirsti Parvi, CFO, tel. +358 50 517 4569
Distribution:
NASDAQ OMX Helsinki Ltd
Principal media
www.incapcorp.com
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Regulatory News
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
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