Investors

One unit consists of three (3) shares and one (1) warrant of series 2019:1. Through the rights issue, Cimco Marine will initially raise up to approximately SEK 103 million and an additional approximately SEK 51 million assuming full utilization of the warrants, before deduction of issue related costs. The rights issue is covered by subscription undertakings and guarantee commitments from principal owners and new investors corresponding to approximately 98 % of the initial issue proceeds. 

For one (1) existing share on the record day of March 15, 2019, shareholders will receive seven (7) unit rights. Six (6) unit rights entitles to subscription of one (1) unit. The subscription price is SEK 1 per unit, corresponding to SEK 1 per share. The warrants are issued without consideration. One (1) warrant entitles the holder to subscribe for one (1) new share in the Company during the period October 4–17, 2019 at a subscription price of SEK 1.50 per share. The rights issue is also open to the public. 

Subscription period:        March 20–April 3, 2019
Trading in unit rights:      March 20 – April 1, 2019
Trading in BTU:              From March 20, 2019, until the issue has been registered with the Swedish Companies Registration Office (Sw. Bolagsverket)
Trading in warrants:        Will be initiated when the rights issue is registered with the Swedish Companies Registration Office

The outcome of the rights issue is expected to be communicated approximately April 9, 2019.

Meet Cimco Marine:

• Redeye Early Bird Stockholm
  Date: March 26, 2019 (CET) 07.45–09.20
  Address: Mäster Samuelsgatan 42, 10th floor
  The event will also be live streamed
  Sign up: www.redeye.se/events#/event/582058

• Redeye Investor After Work Gothenburg
  Date: March 28, 2019 (CET) 17.30–21.00
  Address: Elite Park Avenue Hotel
  The event will also be live streamed
  Sign up: www.redeye.se/events#/event/582063

“During 2018 we have focused on problem solving and to strengthen both our product and the business. That is, a year with many small changes that now gives our customers a better overall experience while the Company has a good foundation for meeting the business plan. With a more stable foundation, I therefore look forward to 2019 with confidence and invite you as an investor to take important steps forward with us, towards yet another sought-after product and increased sales”, comments Andreas Blomdahl, CEO of Cimco Marine.

Prospectus, terms and conditions
Full terms and conditions, as well as information about subscription and guarantee commitments, will be available in Cimco Marine's prospectus which, together with an information folder and subscription notes for subscription for units without preferential rights, has been published on the Company's, Hagberg & Aneborn Fondkommission AB’s and Redeye Aktiebolag's respective websites (www.oxe-diesel.com, www.hagberganeborn.se, www.redeye.se).  

Advisers
Redeye Aktiebolag acts as financial adviser and Advokatfirman Lindahl Kommanditbolag acts as legal adviser in connection with the rights issue.

Certified Adviser
Västra Hamnen Corporate Finance AB is Certified Adviser for Cimco Marine. Contact details to Västra Hamnen: tel. +46 40 20 02 50, e-mail ca@vhcorp.se.

For further information, please contact:
Anders Berg, Chairman, anders.berg@oxe-diesel.com, +46 70 358 91 55
Andreas Blomdahl, CEO, andreas.blomdahl@oxe-diesel.com, +46 431 44 98 99
Myron Mahendra, CFO and EvP in charge of Administration and HR, myron.mahendra@oxe-diesel.com, +46 76 347 59 82

Cimco Marine AB (publ) has, after several years of development, constructed the OXE Diesel, the world's first diesel outboard engine in the high-power segment. Cimco Marine's unique patented engine-to-propulsion power transmission solutions have led to high demand for the company's engines worldwide.