October 18, 2018

Anoto receives approximately SEK 24 million through rights issue

Stockholm, 18 October 2018 – The result for Anoto Group AB (publ)’s (”Anoto”) rights issue, for which the subscription period ended 15 October 2018, shows that 7,957,307 shares and warrants, corresponding to approximately 92 percent of the offered shares and warrants were subscribed for in the offer. A total of 6,352,880 shares and warrants were subscribed for using unit rights, corresponding to approximately 73 percent of the offer, and an additional 1,604,427 shares and warrants, corresponding to approximately 19 percent of the offer without unit rights. Anoto will receive approximately SEK 24 million before issue costs from the rights issue. Further, Anoto may raise an additional SEK 32 million before issue costs if all warrants of series 2018/2021 are exercised in full.

Joonhee Won, CEO of Anoto, comments: “I am positively surprised to see so many of our shareholders subscribed and showed their belief in the company. The funds raised will be used in marketing of our new products and solutions and in building inventory to shorten the sales cycle. The management and employees of Anoto will strive to deliver meaningful revenue with our new portfolio of products.”

In accordance with subscription undertakings, Jörgen Durban, the Chairman of the Board of Directors of Anoto, Inhye Kim, and Nerthus Investments Limited,  subscribed for their pro rata shares in the rights issue, corresponding to approximately 0.2 percent, 2.4 percent and 9.2 percent of the rights issue. In addition, Jörgen Durban has subscribed for an additional 550,000 units, Inhye Kim for an additional 200,000 units and Nerthus Investments Limited for an additional 300,000 units. One (1) unit consists of one (1) new share and one (1) warrant of series 2018/2021.

The shares and warrants that have not been subscribed for by using unit rights have been allotted to other subscribers in accordance with the principles previously communicated by Anoto. A contract note will be sent to the subscribers as confirmation of the allotment of new shares and warrants for without unit rights. Nominee registered shareholders receive confirmation of allotment according to each nominee’s routines.

Through the rights issue, Anoto’s share capital will increase with SEK 4,774,384.20 to SEK 72,367,354.51 and the total number of shares will increase with 7,957,307 shares to 120,612,257 shares when the rights issue has been registered with the Swedish Companies Registration Office. If all warrants of series 2018/2021 are exercised in full Anoto’s share capital will increase by SEK 4,774,384.20 via issuance of 7,957,307 shares.

Trading in BTU (interim unit) will take place on Nasdaq Stockholm until the rights issue has been registered with the Swedish Companies Registration Office. Registration is expected to occur on or around 22 October 2018.

Setterwalls Advokatbyrå is acting as legal advisor to Anoto.

For further information, please contact:

Joonhee Won, CEO

For more information about Anoto, please visit www.anoto.com or email ir@anoto.com

Anoto Group AB (publ), Reg.No. 556532-3929, Flaggan 1165, SE-116 74 Stockholm
Tel. +44 (0) 1256 774400

This information is information that Anoto is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07.45 CET on 18 October 2018.

Important information

The information in this press release does not constitute an offer to acquire, subscribe for or otherwise trade in shares, warrants, unit rights or other securities in Anoto.

This press release may not be released, published or distributed, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or any other jurisdiction where such action is wholly or partially subject to legal restrictions or where such action would require prospectuses, registrations or other actions in addition to what follows from Swedish law. Nor may the information in this press release be forwarded, reproduced or disclosed in a manner that contravenes such restrictions or would entail such requirements. Failure to comply with this instruction may result in a violation of applicable securities laws.

No unit rights, BTUs (interim units), shares or warrants have or will be registered under the U.S. Securities Act of 1933, as amended, (“Securities Act”), or securities legislation in any state or other jurisdiction in the United States and may not be offered or sold, directly or indirectly, in or into the United States, except pursuant to an available exemption from the registration requirements of the Securities Act and in compliance with the securities laws of any state or other jurisdiction of the United States.

About Anoto Group

Anoto is a publicly held Swedish technology company known globally for innovation in the area of information-rich patterns and the optical recognition of those patterns. It is a leader in digital writing and drawing solutions, having historically used its proprietary technology to develop smartpens and the related software. These smartpens enrich the daily lives of millions of people around the world. Now Anoto is also using its pattern, optics, and image-processing expertise to bridge between the analogue and digital domains through an initiative known as Anoto DNA (ADNA). ADNA makes it possible to uniquely and unobtrusively mark physical objects and then easily identify those individual objects using ubiquitous mobile devices such as phones and tablets. ADNA is enabling exciting possibilities for product innovation, marketing insights, and supply-chain control. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.