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Formpipe Software AB
Sveavägen 168, Stockholm
Box 231 31, 104 35 Stockholm
SE - Sverige
Tel: +46 8 555 290 60
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Lautrupvang 1
2750 Ballerup
Tel: +45 3325 6555
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5 rue du Chanoine Lucien Gaben
81000 Albi
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Alsterarkaden 13, 2. OG
20354 Hamburg
Tel: +49 40 31 99 34 32
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Stationsplein 105
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Tel: +31 73 704 0318
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Formpipe, inc.
1200 US Highway 22 E Suite 2000
Bridgewater, NJ 08807
Tel : +1 908 399 7828
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2 Burlington Park
Station Road, Foxton
Cambridge - CB22 6SA
Tel: +44 1223 872747
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Unit 1, Isaac Newton Centre 
Nottingham Science Park
Nottingham – NG7 2RH
Tel: +44 115 924 8475
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Formpipe has completed the acquisition of the remaining shares in Formpipe Intelligo AB

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.