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Sweden
Headquarters, Stockholm
Formpipe Software AB
Sveavägen 168, Stockholm
Box 231 31, 104 35 Stockholm
SE – Sverige
Tel: +46 8 555 290 60
Email
Linköping
Gasverksgränd 2, 582 22 Linköping
Tel: +46 8 500 072 25
Email
Denmark
Lautrupvang 1
2750 Ballerup
Tel: +45 3325 6555
Email
More contant info for the Danish office?
Germany
c/o Andersen Partner Business Centre
Alsterarkaden 13, 2. OG
20354 Hamburg
Tel: +49 40 31 99 34 32
Email
The Netherlands
Stationsplein 105
5211 BM ‘s-Hertogenbosch
Tel: +31 73 704 0318
Email
UK, Cambridge
2 Burlington Park
Station Road, Foxton
Cambridge – CB22 6SA
Tel: +44 1223 872747
Email
UK, Nottingham
Unit 1, Isaac Newton Centre
Nottingham Science Park
Nottingham – NG7 2RH
Tel: +44 115 924 8475
Email
USA
Formpipe, inc.
1200 US Highway 22 E Suite 2000
Bridgewater, NJ 08807
Tel : +1 908 399 7828
Email
Formpipe Software AB (publ) (”Formpipe”) has completed the acquisition of the remaining 35.1 per cent of the shares in the subsidiary Formpipe Intelligo AB ("Formpipe Intelligo").
As previously announced in March 2018, Formpipe entered an agreement to acquire the minority stake of 35.1 per cent of the shares in Formpipe Intelligo from Staffan Hugemark, with a purchase price amounting to SEK 10.7 million. Payment should be made with newly issued shares in Formpipe. In April 25, the Annual General Meeting decided about newly issued shares. The final number of shares in Formpipe was to be paid as non-cash consideration for the shares in Formpipe Intelligo corresponding to the volume weighted average price paid in accordance with Nasdaq Stockholm's official price list for the shares in Formpipe during the period from April 19, 2018 to April 27, 2018. Based on the established share price of SEK 15.23, the final number of shares to be made as payment is 699,805 shares. Because of this, the number of shares in the company will increase to 52,572,830 and the share capital will increase by SEK 69,980.50 to SEK 5,257,283.00. Formpipe Intelligo is a wholly-owned subsidiary to Formpipe after the acquisition.
For additional information, contact:
Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85
This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.
This information is information that Formpipe Software AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 12:00, May 2, 2018.