Zenterio initiates capital raising process

Posted On: 26th November 2014

As highlighted in the Q3 2014 report released on November 24th 2014, Zenterio has initiated a capital raising process to support our accelerated growth track and continued expansion. Zenterio is targeting a limited number of institutional investors with the aim to raise approximately SEK 70 million by issuing new ordinary shares. Zenterio’s largest shareholder, Scope, has committed to invest approximately SEK 20 million.

The proceeds will partly be used to fund two strategic acquisitions which will increase Zenterio’s delivery capacity and expand our service offering. The remaining proceeds will be used for working capital purposes and as a liquidity buffer. The pricing of the transaction will be determined by a book building process expected to close in December 2014.

For further information contact:
Robin Rutili, CEO + 46 (0) 70 918 17 02
Mattias Arnelund, CFO + 46 (0) 70 789 58 12
Pelle Rosell, CMO + 46 (0) 70 926 27 33

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