Resolution on rights issue of shares

The extraordinary shareholders’ meeting resolved on a rights issue of a maximum of 7,416,864 shares. Those who are registered as shareholders in the company on the record date October 15, 2019 will receive one (1) subscription right per existing share. Five (5) subscription rights entitle to subscription of three (3) new shares at a subscription price of SEK 8 per share. Upon full subscription of all shares issued in the rights issue, the company’s share capital will increase by not more than SEK 1,854,216. The subscription period in the rights issue runs from and including October 18, 2019 to and including November 1, 2019.

Gävle on September 9, 2019

InCoax Networks AB (publ)

This information was submitted for publication, through the agency of the contact person set out below, at 14:50 CET on September 9, 2019.

For more information:
Peter Carlsson, CEO, InCoax Networks AB                  
peter.carlsson@incoax.com                                     
+46 70-8563427