The total number of shares consists of 107,676,700 ordinary shares, which carry one vote per share, and 425,347 shares of series C, which carry one-tenth of a vote per share. The number of shares and votes has changed as a result of the issue of 9,827,458 new ordinary shares that the Board of Directors of the company resolved upon on 14 December 2021 based on the authorization granted to the Board of Directors by the annual general meeting on 5 May 2021.
As previously announced on 9 December 2021, Karnov has signed a binding offer to acquire the entire share capital and voting rights of Wolters Kluwer France S.A.S, Wolters Kluwer Legal & Regulatory España, S.A. and Editorial Aranzadi S.A.U. and certain subsidiaries and the transfer of certain IP rights (the “Contemplated Transaction”) for a cash consideration of approximately EUR 160 million on a cash- and debt-free basis. In order to finance the Contemplated Transaction, Karnov has agreed on the terms and secured a new bridge loan facility from Nordea Danmark, Filial af Nordea Bank Abp, Finland, and part of the bridge loan facility will be repaid through the issue of new shares.
This information is information that Karnov Group AB (publ) is required to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on 30 December 2021.