October 8, 2020

Smart Eye has completed a directed share issue of SEK 189 million.

The Board of Directors of Smart Eye AB (“Smart Eye” or the “Company”) has, based on the authorization given by the Company’s Annual General Meeting on 8 May 2020, resolved on a directed share issue of 1,511,898 new shares (corresponding to 10 per cent of the total number of outstanding shares and votes in the Company) at a subscription price of SEK 125 per share (the “Issue”), which means that the Company receives SEK 188,987,250 before transaction costs. The subscription price in the Issue has been determined through an accelerated bookbuilding procedure and corresponds to a discount of 2.9 per cent compared to the volume weighted average price on Nasdaq First North Growth Market on 5 October 2020. The interest in the Issue was very large, from both existing shareholders as well as new investors.

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