Trading in ACQ’s shares on Nasdaq Stockholm commences today

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ACQ Bure AB (publ) (”ACQ” or the ”Company”) today announces the outcome of ACQ’s initial public offering on Nasdaq Stockholm (the “Offering”).

The Offering attracted strong interest from both Swedish and international institutional investors as well as the general public in Sweden. The Offering was considerably over-subscribed. As a result of the Offering, ACQ will have approximately 35,000 shareholders.

The Offering in brief

The price in the Offering was, as previously communicated, SEK 100 per share.
The Offering comprised 34,800,000 newly issued shares in ACQ.
The newly issued shares will provide the Company with proceeds of approximately SEK 3.5 billion before transaction costs.
After the completion of the Offering, ACQ’s largest shareholders consists of Bure (20.0 per cent), AMF Pensionsförsäkring (10.9 per cent), the Fourth Swedish National Pension Fund (AP4) (10.0 per cent), AMF Fonder (8.6 per cent), SEB Fonder (5.7 per cent) and SEB-Stiftelsen (4.9 per cent).
The total number of outstanding shares in the Company after the completion of the Offering amounts to 35,000,000 shares.
Through the Offering, ACQ now has approximately 35,000 shareholders.
Trading in the ACQ share on Nasdaq Stockholm commences today, 25 March 2021, under the ticker “ACQ SPAC”.
Settlement is expected to take place on 29 March 2021.

Patrik Tigerschiöld, Chairman of ACQ as well as Bure, comments:
”We are very pleased with the strong interest in ACQ from the general public and institutional investors. It confirms the attractiveness of ACQ’s offer and displays that there is a great trust for our investment strategy and for Bure as sponsor.

We are delighted to welcome approximately 35,000 new shareholders in ACQ and look forward to create long-term shareholder value together with ACQ’s other owners.”

About ACQ

ACQ is a Swedish acquisition company, a so-called Special Purpose Acquisition Company (SPAC), established on the initiative of Bure. ACQ has raised capital through an initial public offering and the goal is to within 36 months acquire an unlisted company which, through ACQ, after review and approval, will be listed on Nasdaq Stockholm.

More information about ACQ is available on the Company’s website, www.acq.se.

About Bure

Bure is an investment company with its headquarters in Stockholm and is listed on Nasdaq Stockholm since 1993. Through actively developing a diversified portfolio of professionally managed companies and businesses, Bure aims to create value and returns to its shareholders. Bure’s investments as of 25 March 2021 consists of twelve portfolio companies – the majority technology-based with a strong focus on international markets.

Advisors

Skandinaviska Enskilda Banken AB (publ) (”SEB”) are Sole Global Coordinator and Bookrunner in the Offering. Advokatfirman Cederquist KB and Nord Advokater are legal advisors to ACQ. Avanza Bank AB (publ) acts as Retail Manager together with SEB in relation to the Offering.

Important information

This announcement is not an offer, or an invitation, to acquire or subscribe for any securities of ACQ Bure AB (publ) (the “Company”).

Copies of this announcement are not being made and may not be distributed or sent into the United States, Australia, Canada, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

Any offering of the securities referred to in this announcement will be made by means of a prospectus. This announcement is not a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (together with any related implementing and delegated regulations, the “Prospectus Regulation”). Investors should not invest in any securities referred to in this announcement except on the basis of information contained in the aforementioned prospectus.

In any EEA Member State other than Sweden, and in the United Kingdom (each, a “Relevant State”) this communication is only addressed to and is only directed at qualified investors in that Relevant State within the meaning of the Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such Relevant State.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any offering in the United States or to conduct a public offering of securities in the United States.

Copies of this announcement are not being, and should not be, distributed in or sent into the United States. The securities described herein have also not been and will not be registered under the applicable securities laws of Australia, Canada or Japan and, subject to certain exemptions, may not be offered or sold in or into or for the account or benefit of any person having a registered address in, or located or resident in Australia, Canada or Japan. There will be no public offering of the securities described herein in Australia, Canada or Japan.

This communication and any materials in relation to the securities described herein are only being distributed to and is only directed at persons in the United Kingdom that (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) ; (ii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Order, (iii) are outside the United Kingdom, or (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000 (“FSMA”)) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”). This communication must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe,” “expect,” “anticipate,” “intends,” “estimate,” “will,” “may,” “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm or release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this communication.