Hamilton News

Hamilton legal adviser to Cinnober in connection with its directed share issue of SEK 180 million

Hamilton is le­gal ad­vis­er to Cinnober Financial Technology Aktiebolag (publ) (”Cinnober” or the ”Company”), list­ed on Nasdaq First North, in con­nec­tion with its di­rect­ed share is­sue of SEK 180 mil­lion to a lim­it­ed num­ber of in­sti­tu­tion­al in­vestors on the ba­sis of an ac­cel­er­at­ed book­build­ing process con­duct­ed by the Company’s fi­nan­cial ad­vis­er. The new share is­sue is con­di­tion­al up­on ap­proval by the ex­tra­or­di­nary gen­er­al meet­ing to be held on 13 March 2017.

Cinnober in­tends to ex­pand, and with­in a 24-month pe­ri­od, dis­trib­ute its whol­ly-owned sub­sidiary op­er­at­ing with re­al-time clear­ing for banks (the “Subsidiary”). The cap­i­tal rais­ing from the di­rect­ed is­sue will be used to fi­nance the planned ex­pan­sion of the Subsidiary.

SEB Corporate Finance, Skandinaviska Enskilda Banken AB is fi­nan­cial ad­vis­er to Cinnober in con­nec­tion with the is­sue.

Hamilton’s team con­sists of

Thomas Nygren, Emil Hedberg and Carl Magnusson.