Published: 2014-11-14 21:15:13 CET
TrustBuddy AB
Company Announcement

TrustBuddy: Results of placing bookbuild

TrustBuddy is pleased to announce the completion of the placing (the "Placing") bookbuild announced earlier today.

A total of 52 546 040 new ordinary shares (the "Placing Shares") are being placed to international investors and qualified investors in Sweden at a price per share of SEK 1.20, raising gross proceeds of approximately EUR 6.8 million. The Placing Shares being issued represent approximately 15.7 per cent. of the Company’s issued ordinary share capital prior to the Placing.

Successful applicants for shares will be sent placing letters or, in the case of qualified investors in Sweden, application forms today. Liberum Capital Limited (“Liberum”) has acted as sole bookrunner in respect of the Placing. Erik Penser is acting as issue agent in respect of the Placing.

The Placing Shares will, when issued, be credited as fully paid and will rank pari passu with the existing ordinary shares of the Company.

To carry out the Placing, the Board of TrustBuddy has approved the directed new share issue under the shareholder authorisation from the EGM held on 10 April 2014. The reason for deviating from shareholders' preferential rights by conducting a directed new share issue is to seek to broaden TrustBuddy’s shareholder base and ensure new equity is raised, without delay.

The Company will apply for admission of the Placing Shares to the NASDAQ OMX First North (“Admission”). It is expected that Admission will take place and that trading in the Placing Shares will commence on 27 November 2014. The Placing is conditional upon, inter alia, Admission becoming effective. The Placing is also conditional upon the placing agreement between the Company and Liberum becoming unconditional and not being terminated.



For additional information, please contact:

Jens Glasø, VD, TrustBuddy International AB (publ)
Tel: +47 40 40 47 50

Liberum Capital Limited 
Simon Atkinson and Joshua Hughes
Tel: +44 (0) 20 3100 2000



About TrustBuddy International AB (publ)
TrustBuddy International AB (publ) is one of the first in the world to focus on arranging loans and capital provision between buddies in Scandinavia in an organised manner. The company is listed at NASDAQ OMX First North in Stockholm. Erik Penser Bankaktiebolag is TrustBuddy International AB (publ)'s Certified Adviser, phone number: +46 8 463 80 00.