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GreenMobility

GreenMobility

GreenMobility A/S announces book coverage and early closing of the private placement of new shares

11:12 / 20 October 2020 GreenMobility Press release

Company Announcement no. 70 – 2020
Copenhagen, October 20th, 2020


NOT FOR RELEASE, PUBLICATION OG DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION IS UNLAWFUL.

THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER TO SELL OR SOLICITATION OF AN OFFER TO PUCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. ANY FAILURE TO COMPLY WITH THIS MAY CONSTITUTE A VIOLATION OF US, AUSTRALIAN, CANADIAN, JAPANESE OR SOUTH AFRICAN SECURITIES LAWS OR THE SECURITIES LAWS OF OTHER STATES AS THE CASE MAY BE.


GreenMobility A/S announces book coverage and early closing of the private placement of new shares

With reference to the company announcement no. 69 2020 of 19 October 2020 of the intention to issue new shares in GreenMobility A/S (“GreenMobility”) by way of a private placement with proceeds of approximately DKK 50-75m, the books are now covered in the top of the offering size range of DKK 75m. GreenMobility further announces that the subscription period will close on 20 October 2020 at 14:00 (CET). It is expected that the private placement will be completed at a price per share of DKK 134 as communicated in the announcement on 19 October 2020 on launch of the private placement.

Information about the result of the private placement, including confirmation of the final subscription price, the final number of shares issued and the allocation of shares, is expected to be announced on 21 October 2020 on or around 8:30 (CET).

Timetable for the capital increase

  • Announcement on the result of the private placement  through Nasdaq First North Growth Market Denmark on Wednesday 21 October 2020, following determination on allocations, confirmation of subscription price and total proceeds
  • Expected settlement date through payment against delivery is Friday 23 October 2020
  • Expected date of registration of the capital increase with the Danish Business Authority is Monday 26 October 2020
  • Expected first day of admission for trading of the new shares under the existing ISIN code is Wednesday 29 October 2020

ISIN codes:
Existing ISIN: DK0060817898
Temporary ISIN: DKK0061413903

Manager
ABG Sundal Collier Denmark, filial af ABG Sundal Collier ASA, Norge, is acting as Sole Manager and Bookrunner and will receive subscription orders in connection with the offering


Contact and further information
Anders Wall, Investor Relations
Tlf: +45 25 40 30 20, e-mail: aw@greenmobility.com

Certified Advisor
NORDEN CEF ApS
John Norden
Kongevejen 365, DK-2840 Holte
+45 2072 0200
jn@nordencef.dk

About GreenMobility
GreenMobility offers modern urbanites easy, flexible and sustainable transport in the form of electric, shared city cars. Users have access to these cars via the GreenMobility app. Trips are paid per-minute, through minute packages or on a daily basis. Today, GreenMobility operates a total of 900 EVs in Copenhagen, Aarhus, Malmö, Gothenburg, Antwerp and Ghent. More than 100,000 people have signed up with GreenMobility.

Driven by global megatrends, GreenMobility sees a rapidly growing market for car sharing in large cities, that demand green transport for their citizens and aim to reduce the number of private cars. GreenMobility’s ambition is to be among the leading global operators of green shared mobility solutions. GreenMobility is admitted for trading on the Nasdaq First North Growth Market in Denmark.


Important disclaimer
This announcement is not a prospectus and has been prepared on the basis that any offers of securities referred to herein in any Member State of the EEA will be made pursuant to an exemption under Regulation (EU) 2017/1129 on Prospectuses, Article 1(4).

The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

Any securities referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the securities laws of any state of the United States and may not be offered or sold, directly or indirectly, in or into the United States absent exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The securities referred to in this announcement are being offered and sold in a private placement only outside the United States.

No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by GreenMobility A/S or by any of its affiliates or agents (including the Sole Lead Manager) as to or in relation to, the accuracy, completeness or sufficiency of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers in connection with the Company's the new shares and/or the private placement referred to herein, and any liability therefore is expressly disclaimed.

This announcement does not constitute an investment recommendation. Each investor or prospective investor should conduct his, her or its own investigation, analysis and evaluation of the business and data described in this announcement (and publicly available information) Any investment decision to buy or subscribe for any shares in the private placement must be made solely on the basis of publicly available information, which has not been independently verified by the Sole Lead Manager. The price and value of securities and any income from them can go down as well as up and you could lose your entire investment. Past performance is not a guide to future performance. Information in this announcement cannot be relied upon as a guide to future performance.

Certain statements in this announcement may constitute forward-looking statements, which are based on GreenMobility’s expectations, intentions and projections regarding its future performance, anticipated events or trends and other matters that are not historical facts. Words such as “aim”, “anticipate”,
“believe”, “intend”, “estimate”, “expect”, “plan”, “project”, “forecast” and words of similar meaning are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance, achievements or industry results to differ materially from those expressed or implied by such forward-looking statem ents.


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