Risk Intelligence A/S receives additional subscription commitment from Board of Directors of approx. DKK 0.45 million in the ongoing rights issue
Risk Intelligence A/S ("Risk Intelligence" or the "Company") announced on 3 October 2023, that the board of the Company resolved on a rights issue with preferential rights for the Company's existing shareholders (the "Rights Issue"). Risk Intelligence hereby announces that the Company has received an additional subscription commitment from the Board of Directors in the upcoming Rights Issue corresponding to an additional approximately DKK 0.45 million. In total the Board of Director together with management and employees have signed subscription commitments of DKK 2.1 million.
Updated subscription commitments and underwriting commitments
Risk Intelligence A/S has received additional subscription commitments of approx. DKK 0.45 million, corresponding to approx. 2.4 percent of the Rights Issue from the parts of the Board of Directors through conversion of board fees to shares in the Rights Issue. In total Risk Intelligence A/S has received subscription commitments of approx. DKK 6 million, corresponding to approx. 32.7 percent of the Rights Issue, from board and management, existing and new shareholders. No remuneration will be paid for the subscription commitment.
In addition, the Company has received guarantee commitments from external investors, which after the additional subscription commitments will be reduced by approx. DKK 0.45 million. After the adjustment, the total guarantee commitment will equal to approx. DKK 7.8 million, corresponding to approx. 42.6 percent of the Rights Issue. The Company has received subscription commitments and underwriting commitments of approx. DKK 13.9 million in total, corresponding to approx. 75.2 percent of the Rights Issue.
The subscription commitments and underwriting commitments are not secured by bank guarantee, blocking funds, pledging or similar arrangements. More detailed information regarding the commitments and the parties who have entered subscription commitments and underwriting commitments will be found in the memorandum which is drawn up in connection with the Rights Issue and was published by the Company on the 11 October 2023.
Additional subscription commitments from the Board of Directors*
Jan Holm Approx DKK 0.075 million (bringing total commitment to DKK 0.575 million)
Hans Tino Hansen Approx. DKK 0.125 million (bringing total commitment to DKK 0.375 million)
Jens Holst Approx. DKK 0.125 million (bringing total commitment to DKK 0.125 million)
Jens Lorens Poulsen Approx. DKK 0.125 million (bringing total commitment to DKK 0.205 million)
Total Approx. DKK 0.45 million
* Stig Streit Jensen, Member of the Board, has already subscribed for DKK 0.250 million)
Financial advisor and issuing agent
Corpura Fondkommission AB (www.corpura.se) is acting as financial advisor and Mazanti-Andersen is acting as legal advisor to Risk Intelligence in connection with the Rights Issue. VP is acting as issuing agent and Nordic Issuing AB is acting as settlement agent.
