W5 Solutions has completed a directed share issue of SEK 165 million

W5 Solutions AB (publ) (”W5 Solutions” or the ”Company”) has, in accordance with the intention announced by the Company in a press release earlier today, and subject to subsequent approval by the Extraordinary General Meeting, resolved on a directed share issue of 6,875,000 shares, with deviation from the shareholders’ preferential rights, at a subscription price of 24 SEK per share (the "Directed Share Issue"). The subscription price in the Directed Share Issue has been determined through an accelerated bookbuilding procedure (the “Bookbuilding”) carried out by DNB Carnegie Investment Bank AB (publ) (“DNB Carnegie”). Due to the significant investor demand generated during the Bookbuilding, the Board of Directors resolved to increase the size of the Directed Share Issue from SEK 150 million to SEK 165 million. Through the Directed Share Issue, W5 Solutions will thus receive SEK 165 million in issue proceeds before transaction costs related to the Directed Share Issue. A number of institutional investors participated in the Directed Share Issue, including both new and existing shareholders, amongst them Salénia AB and Nvest Sverige AB. Furthermore, the chairman of the Company’s Board of Directors, Jonas Rydin, both privately and through Cajory Defence AB, and the Company’s CEO, Evelina Hedskog, participated in the Directed Share Issue.