Cyber Security 1 AB (publ), 556135–4811 (the “Company”) has agreed on a model for remuneration of partners and advisors that have provided key legal, strategic and business turnaround services to the Company in relations to the concluded company reconstruction and the ongoing recapitalization of the Company, as represented by the preferential issue of maximum 174,445,113 units approved by the annual general meeting on 29 June 2021 (the “Rights Issue”). The total agreed remuneration of EUR 560,000 shall be settled against 56,000,000 new shares and 56,000,000 warrants of series 2021 to be issued in units on terms equal to the terms of the Rights Issue. The above issue is expected to be resolved by the board of directors in close conjunction to the conclusion of the Rights Issue. Upon completion of the Rights Issue and assuming all warrants issued in the Rights Issue are exercised into shares, the dilution from the above issue of units will at maximum amount to 7.43 percent from issued shares and an additional 6.92 percent upon full exercise of issued warrants in the above units issue.
For further information, please contact:
Public Relations Contact:
Mattias Tönnheim:
Phone: +46 (0) 704-41 19 14
E-mail: [email protected]
Mangold Fondkommission AB is the Company’s Certified Adviser.
Phone: +46 (0)8 503 015 50
E-mail: [email protected]
About CYBER1
CYBER1 is engaged in providing cyber resilience solutions and conducts its operations through presences in Sweden, South Africa, United Arab Emirates, Kenya and the UK. Listed on Nasdaq First North Growth Market (Nasdaq: CYB1.ST), the Group delivers services and technology licenses to enhance clients’ protections against unwanted intrusions, to provide and enhance cyber resilience and to prevent various forms of information theft. CYBER1 had revenues of €27.36m in 2020.
For further information, please visit www.cyber1.com/investors.
For all company filings and reports, please visit: https://www1.cyber1.com/cyber1-investor-information/
This information is information that Cyber Security 1 is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-07-02 08:30 CEST.