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2016-10-20

Internationella Engelska Skolan: Exercise of the over-allotment option

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY,
IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER
JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD
BE UNLAWFUL

ABG Sundal Collier and Handelsbanken Capital Markets ("Joint Global
Coordinators") have notified Internationella Engelska Skolan i
Sverige Holdings II AB (publ) ("IES" or the "Company"),
Internationella Engelska Skolan i Sverige Holdings I AB (the "Selling
Shareholder"), a Company controlled by TA Associates, IES' founder
Barbara Bergström and parts of IES' management and employees, that
the over-allotment option has been exercised in full in respect of
1,501,875 existing shares in IES.

In connection with the initial public offering and listing of the
Company's shares on Nasdaq Stockholm (the "Offering"), the Selling
Shareholder granted the Joint Global Coordinators the option to
purchase up to 1,501,875 existing shares in the Company to cover
over-allotments of shares in the Offering (the "Over-Allotment
Option"). The Joint Global Coordinators have today exercised the
Over-Allotment Option in full. No stabilization activities have been
carried out since the listing, and due to the Company's share price
performance, the Joint Global Coordinators have decided to end the
stabilization period.

Description of the Over-Allotment Option

An over-allotment option means that the Selling Shareholder in the
IPO, if there is a large demand for shares, has the option to sell
more shares in the offering. In this case the Over-Allotment Option
meant that the Selling Shareholder, in line with what is stated in
the prospectus, has sold an additional 1,501,875 existing shares in
IES.

The Over-Allotment Option was issued in order to make it practically
possible to carry out price stabilization transactions during the
first 30 calendar days after the listing of IES' shares. As the share
price development has been good and stable no price stabilization
transactions have been needed and the Joint Global Coordinators have
today decided to terminate the stabilization period.

The use of the Over-Allotment Option has no effect for other existing
shareholders.

For further information, please contact:

Johan Hähnel, Investor Relations at IES
Telephone: +46 (0)70 605 6334
E-mail: johan.hahnel@engelska.se

This information was released for publication at 08.15 CET on 20
October 2016.

About IES

IES is one of the leading independent education providers in Sweden,
with approximately 21,400 students across 30 schools at the start of
the 2016/17 academic year, and with students from more than 50
percent of the country's municipalities. IES' schools cover grades 1
of compulsory school up to and including the third year of upper
secondary school. The core focus is on grades 4-9, known
internationally as middle school. Within the compulsory school
segment, IES is the leading independent provider in terms of number
of students and operates 9 of the 10 largest independent schools in
Sweden.

IES has a clear profile, which is based on three core pillars:

· Command of the English language
· A safe and orderly school environment, in which teachers can
teach and students learn

· High academic expectations and aspirations
Up to 50 percent of teaching is in English, mainly performed by native
English-speaking teachers. More than 600 foreign teachers - mainly
from Canada, the US and the UK - teach at IES' schools.

www.engelska.se

IMPORTANT INFORMATION

This announcement is not and does not form a part of any offer for
sale of securities.

Copies of this announcement are not being made and may not be
distributed or sent into the United States, Australia, Canada, Japan
or any other jurisdiction in which such distribution would be
unlawful or would require registration or other measures. The
securities referred to in this announcement have not been and will
not be registered under the U.S. Securities Act of 1933, as amended
(the "Securities Act"), and accordingly may not be offered or sold in
the United States absent registration or an exemption from the
registration requirements of the Securities Act and in accordance
with applicable U.S. state securities laws. The Company does not
intend to register any offering in the United States or to conduct a
public offering of securities in the United States.

Any offering of the securities referred to in this announcement will
be made by means of a prospectus. This announcement is not a
prospectus for the purposes of Directive 2003/71/EC (together with
any applicable implementing measures in any Member State, the
"Prospectus Directive"). Investors should not invest in any
securities referred to in this announcement except on the basis of
information contained in the aforementioned prospectus.

In any EEA Member State other than Sweden that has implemented the
Prospectus Directive, this communication is only addressed to and is
only directed at qualified investors in that Member State within the
meaning of the Prospectus Directive, i.e., only to investors who can
receive the offer without an approved prospectus in such EEA Member
State.

This communication is only being distributed to and is only directed
at persons in the United Kingdom that are (i) investment
professionals falling within Article 19(5) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005, as amended
(the "Order") or (ii) high net worth entities, and other persons to
whom this announcement may lawfully be communicated, falling within
Article 49(2)(a) to (d) of the Order (all such persons together being
referred to as "Relevant Persons"). This communication must not be
acted on or relied on by persons who are not Relevant Persons. Any
investment or investment activity to which this communication relates
is available only to Relevant Persons and will be engaged in only
with Relevant Persons. Persons distributing this communication must
satisfy themselves that it is lawful to do so.

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not
historical facts and may be identified by words such as "believe,"
"expect," "anticipate," "intends," "estimate," "will," "may,"
"continue," "should" and similar expressions. The forward-looking
statements in this release are based upon various assumptions, many
of which are based, in turn, upon further assumptions. Although the
Company believes that these assumptions were reasonable when made,
these assumptions are inherently subject to significant known and
unknown risks, uncertainties, contingencies and other important
factors which are difficult or impossible to predict and are beyond
its control. Such risks, uncertainties, contingencies and other
important factors could cause actual events to differ materially from
the expectations expressed or implied in this release by such
forward-looking statements. The information, opinions and
forward-looking statements contained in this announcement speak only
as at its date, and are subject to change without notice.

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http://news.cision.com/internationella-engelska-skolan/r/exercise-of-the...
http://mb.cision.com/Main/14803/2104896/577509.pdf

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