HMS Industrial Networks AB completes the acquisition of eWON SA
(Thomson Reuters ONE) -
HMS Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ),
has today completed the acquisition of the Belgium-based company eWON SA. In
connection therewith, the board of HMS Networks AB (publ) has resolved to carry
out a non-cash issue of 382,317 shares in line with the authorization granted by
the Annual General Meeting on 28 April 2015.
As previously announced, HMS Industrial Networks AB entered into an agreement on
2 February 2016 to acquire all of the shares in eWON SA. The acquisition has
been completed today and in connection therewith the board of directors of HMS
Networks AB (publ) has in line with the authorization granted by the Annual
General Meeting 2015 resolved to carry out a non-cash issue of 382,317 to the
sellers - Serge Bassem and Pierre Crokaert - against payment of 431 shares in
eWON SA. The new shares in HMS Networks AB (publ) are subject to a lock-up
period of 12 months in respect of one third of the new shares and 18 months in
respect of the remaining two thirds of the new shares.
The newly issued shares have today been subscribed for and allotted. The non-
cash consideration will be reported at a value of SEK 93,285,348.
As a result of the new share issue, the number of shares in HMS Networks AB has
increased from 11,322,400 to 11,704,717 and HMS Networks AB's share capital has
increased by SEK 38,231.7, from SEK 1,132,240 to SEK 1,170,471.7. The new share
issue entails a dilution of approximately 3.27 % for existing shareholders.
For more information, please contact:
Staffan Dahlström, CEO HMS, +46 709-17 29 01
Gunnar Högberg, CFO HMS, +46 709-17 29 95
This information is such that HMS Networks AB (publ) is required to disclose in
accordance with the Swedish Financial Instruments Trading Act and/or the Swedish
Securities Market Act. The information was submitted for publication at 16.30 pm
CET on 5 February 2016.
HMS Networks AB (publ) is a market-leading supplier of products for industrial
communication including remote management. HMS develops and manufactures
solutions for connecting automation devices and systems to industrial networks
under the Anybus, IXXAT and Netbiter brands. Development and manufacturing take
place at the headquarters in Halmstad, Sweden and in Ravensburg, Germany. Local
sales and support are handled by sales offices in China, France, Germany,
Switzerland, India, Italy, Japan, UK, and USA. HMS employs more than 370 people
and reported sales of SEK 702 million in 2015. HMS is listed on the NASDAQ OMX
Nordic Exchange in Stockholm in the category Mid Cap, Information Technology.
PDF Release (PDF):
http://hugin.info/138433/R/1984163/727366.pdf
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: HMS Networks AB via GlobeNewswire
[HUG#1984163]
Unternehmensinformation / Kurzprofil:
Datum: 05.02.2016 - 16:41 Uhr
Sprache: Deutsch
News-ID 449029
Anzahl Zeichen: 3492
contact information:
Town:
Halmstad
Kategorie:
Business News
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