Common use of Summary of the Recent Equity Issue Clause in Contracts

Summary of the Recent Equity Issue. The Company issued a total of 2,520,000 Shares during September 2017, at a price of SEK 100 per Share. The formal resolution to issue a total of maximum 2,520,000 new shares in the Company was taken by the general meeting on 15 September 2017, and the resolution of the general meeting was, in accordance with the Swedish Companies Act (Sw. Aktiebolagslagen (2005:551)), based upon a proposal by the Board of Directors. In connection with the Recent Equity Issue, the shares that existed in the Company prior to the Recent Equity Issue were redeemed at a redemption price of SEK 500,000 in aggregate, and for this purpose, the share capital was reduced by SEK 500,000. 4 RISK FACTORS Prospective investors should be aware that investments in shares are always associated with risks. The financial performance of the Group and the risks associated with the Group’s business are important when making a decision to invest in the Shares. There can be no guarantees or assurances that the Company’s objectives are met and that an investment in turn will generate a positive return for the investor. A number of factors influence and could influence the Group’s operations and financial performance and ultimately the Company’s ability to pay dividends. In this section a number of risk factors are illustrated and discussed, both general risks pertaining to the Company’s operations and material risks related to the Shares as financial instruments. The risks described below are not the only ones the Group is exposed to. Additional risks that are not currently known to the Company, or that the Company currently considers to be immaterial, could have a material adverse effect on the Group’s business. The order in which the risks are presented is not intended to provide an indication of the likelihood of their occurrence or of their relative significance.

Summary of the Recent Equity Issue. The Company issued a total of 2,520,000 5,450,000 Shares during September April 2017, at a price of SEK 100 per Share. The formal resolution to issue a total of maximum 2,520,000 6,000,000 new shares in the Company was taken by the general meeting on 15 September 17 March 2017, and the resolution of the general meeting was, in accordance with the Swedish Companies Act (Sw. Aktiebolagslagen (2005:551)), based upon a proposal by the Board of Directors. In connection with the Recent Equity Issue, the shares that existed in the Company prior to the Recent Equity Issue were was redeemed at a redemption price of SEK 500,000 in aggregate500,000, and for this purpose, the share capital was reduced by with SEK 500,000. 4 RISK FACTORS Prospective investors should be aware that investments in shares are always associated with risks. The financial performance of the Group and the risks associated with the Group’s business are important when making a decision to invest in the Shares. There can be no guarantees or assurances that the Company’s objectives are met and that an investment in turn will generate a positive return for the investor. A number of factors influence and could influence the Group’s operations and financial performance and ultimately the Company’s ability to pay dividends. In this section a number of risk factors are illustrated and discussed, both general risks pertaining to the Company’s operations and material risks related to the Shares as financial instruments. The risks described below are not the only ones the Group is exposed to. Additional risks that are not currently known to the Company, or that the Company currently considers to be immaterial, could have a material adverse effect on the Group’s business. The order in which the risks are presented is not intended to provide an indication of the likelihood of their occurrence or of their relative significance.