Subscription period for FRISQ’s rights issue begins today

Today, February 4, 2020, marks the start of the subscription period for FRISQ Holding AB’s fully guaranteed Rights Issue, in which the general public also has the opportunity to subscribe for shares without subscription rights. The extraordinary general meeting of January 20, 2020, approved the resolution of FRISQ Holding AB’s board of directors to conduct a Rights Issue of a maximum of 7,175,460 shares at a subscription price of SEK 9.00 per share, totalling at most approximately SEK 64.6 million. The Rights Issue is fully guaranteed through subscription commitments, letters of intent and guarantee commitments. The board of directors has also issued an over-subscription option that allows the issuance of an additional maximum of 1,111,111 shares, corresponding to at most approximately SEK 10 million, representing a total issue volume of approximately SEK 74.6 million before issue costs. Subscription will take place during the period February 4 – 18, 2020. A prospectus has been prepared and is available on FRISQ Holding’s website.

FRISQ develops and sells software for the care and healthcare sector. FRISQ’s software streamlines the delivery of care and engages patients in their own care, while also supporting interactive communication between different actors in the care chain.

The products, designed as a series of modules, are sold as a service provided by FRISQ and delivered primarily as an “SaaS” solution. The products are adaptable and can be integrated into customers’ existing IT environments, a desirable feature for many of Sweden’s healthcare regions. FRISQ’s customers are care providers and organizations that pay for healthcare, such as county councils and regions in Sweden and insurance companies in the United States.

The offer in brief

• The Rights Issue amounts to approximately SEK 64.6 million before issue costs.
• The board of directors has also issued an over-subscription option corresponding to a maximum of SEK 10 million. In the event the Rights Issue is fully subscribed and the Over-subscription Option fully exercised, the Company will receive a maximum of approximately SEK 74.6 million before issue costs. • The Rights Issue is fully guaranteed through subscription commitments, letters of intent, and guarantee commitments.
• Shareholders in the Company receive one subscription right for each share held. Ten (10) subscription rights are needed to subscribe for three (3) new shares.
• Subscription period: February 4 – 18, 2020
• Trade in subscription rights: February 4 – 18, 2020
• Trade in Paid Subscription Shares: 4 February 2020 – Week 10
• Outcome of the Rights Issue announced: Around February 21, 2020

Prospectus

A prospectus (including all terms and conditions and instructions), subscription form, information brochure and other relevant documents are available at www.frisqholding.se.

Investor meetings

In conjunction with the Rights Issue, FRISQ will be participating in informational meetings to provide details about FRISQ’s operations and future plans.

February 4th Aktiespararna (Swedish Shareholders’ Association): Share evening in Gothenburg (Topic: Software as a Service)
FRISQ’s presentation: 6:00-6:30 PM. Visit the event’s homepage here to register.

February 6th Next BIG Thing – Blasieholmen Investment Group at Modern Art Museum
Martin Irding and chairman of the board Mats Lindstrand will hold a presentation and answer questions from 3:20 to 4:00 PM during Blasieholmen Investment Group’s meeting at the Modern Art Museum. The meeting is open to the public. Register to attend via e-mail to helena.carinci@advokatnerpin.com. The event will also be streamed online here.

February 13th Capital market meeting at Helio GT30 in Stockholm
FRISQ will host a capital market meeting in downtown Stockholm between 12:00 and 4:00 PM. During the meeting you will receive information about FRISQ’s ongoing Rights Issue and FRISQ’s future
and will have the opportunity to ask questions of some management team and board members. The meeting is open to the public. Please sent an e-mail to casper.tornblom@frisq.se to provide notice of your interest in attending.

For additional information please contact

Martin Irding, vd, FRISQ
Tel: +46 (0)8 120 131 21
Martin.irding@frisq.se

This publication is a translation of the original Swedish text. In the event of inconsistency or discrepancy between the Swedish version and this publication, the Swedish language version shall prevail.