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KebNi: KEBNI PUBLISHES PROSPECTUS IN CONNECTION WITH THE RIGHTS ISSUE OF UP TO SEK 50 MILLION 

KEBNI PUBLISHES PROSPECTUS IN CONNECTION WITH THE RIGHTS ISSUE OF UP TO SEK 50 MILLION

KebNi AB (publ) ("KebNi" or the "Company") publishes a prospectus in connection with the rights issue of shares for which the subscription period commences on October 16, 2020. The prospectus has today been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen).

This press release may not be announced, published or distributed, in whole or in part, directly or indirectly, in the United States, Canada, Japan, Australia, Hong Kong, New Zealand, Singapore, South Africa or any other country where such publication or distribution would violate applicable laws or rules or would require additional documents to be prepared or registered or require any other actions to be taken, in addition to the requirements under Swedish law. This press release is not a prospectus. For further information, please refer to "Important information" in this press release.

Stockholm, Sweden, October 14th 2020 - The record date for participating in the rights issue was October 13, 2020 and the subscription period runs from October 16 - October 30, 2020. The last day of trading including the right to subscribe for units was October 9, 2020. The first day of trading excluding the right to subscribe for units was October 12, 2020. The rights issue is also open to the public.

The prospectus, including full terms and conditions, is available on the Company's, Aktieinvest FK AB and Redeye's respective websites (www.kebni.com, www.aktieinvest.se, www.redeye.se). Application forms for subscription without preferential rights will be available on the above websites as the subscription period commences.

Through the rights issue, KebNi can raise up to approximately SEK 50 million, before deduction of issue related costs. The rights issue is covered by guarantee commitments from new investors corresponding to approximately 90 % of the issue proceeds.

Advisers

Redeye Aktiebolag acts as financial adviser and Synch Advokat AB acts as legal adviser in connection with the rights issue.

Certified Adviser

Redeye AB is Certified Adviser for KebNi. Contact details to Redeye AB: tel. +46 (0)8 121 576 90, e-mail [email protected].

Important Information

This press release does not contain or constitute an invitation or an offer to acquire, sell, subscribe for or otherwise trade in securities in KebNi. The invitation to acquire securities in KebNi will only be made through the prospectus that KebNi has published on its website, following the approval and registration thereof by the Swedish Financial Supervisory Authority and only to the persons to whom the prospectus is addressed. The prospectus contains, among other things, risk factors, financial statements as well as information regarding KebNi's board of directors. This press release has not been approved by any regulatory authority and is not a prospectus. Accordingly, investors should not purchase any securities referred to in this press release except on the basis of information provided in the prospectus.

In certain jurisdictions, the publication or distribution of this press release may be subject to restrictions according to law and persons in those jurisdictions where this press release has been published or distributed should inform themselves about and abide by such restrictions.

This press release is not directed to persons located in the United States (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Japan, Australia, Hong Kong, New Zealand, Singapore, South Africa, or in any other country where the offer or sale of securities is not permitted.

This press release may not be announced, published or distributed, directly or indirectly, in or into the United States, Canada, Japan, Australia, Hong Kong, New Zealand, Singapore, South Africa, or any other country where such action is wholly or partially subject to legal restrictions or where such action would require additional prospectuses, other offer documentation, registrations or other actions in addition to what follows from Swedish law.

The information in this press release may not be forwarded, reproduced or disclosed in such a manner that would contravene such restrictions or would require such additional prospectuses, other offer documentation, registrations or other actions. Failure to comply with this instruction may result in a violation of the United States Securities Act of 1933, as amended (the "Securities Act") or laws applicable in other jurisdictions.

No securities have been or will be registered under the Securities Act, or with any other securities regulatory authority of any state or other jurisdiction of the United States and no securities may be offered, sold, resold, transferred, delivered or distributed, directly or indirectly, into or within the United States or on the account of such persons other than pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act, and in compliance with any applicable securities laws of any state or jurisdiction of the United States. No public offering of securities is made in the United States. There is no intention to register any securities referred to herein in the United States or to make a public offering in the United States.

This press release contains forward-looking statements which reflect KebNi's current view on future events and financial and operational development. Words such as "intend", "will", "expect", "anticipate", "may", "plan", "estimate" and other expressions than historical facts that imply indications or predictions of future development or trends, constitute forward-looking statements. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or development and the actual outcome could differ materially from the forward-looking statements.

The information, opinions and forward-looking statements in this press release speak only as of its date and are subject to change without notice.

FOR MORE INFORMATION CONTACT:

Carsten Drachmann, CEO

Email: [email protected]

Phone: +45 4063 4036

The following documents can be retrieved from beQuoted
1 201014-KEBNI PRESSRELASE PROSPECTUS-ENG.pdf

KebNi AB is a publicly traded company on the Nasdaq First North Growth Market stock exchange in Sweden, focused on becoming a leading supplier of reliable technologies, products and solutions for safety, location precision and stabilization.

The value KebNi bring to its customers is offering customized high-tech solutions that are reliable and stable. KebNi "brings stability to a world in motion".

The company is headquartered in Stockholm, Sweden and has a long history and experience in maritime satellite antenna solutions and solutions for inertial movement sensing.

KebNi markets its products through three business areas. KebNi Maritime for Maritime Satellite Antennas, KebNi Inertial Sensing for Inertial Measurement Units and KebNi Land Mobile for Communication on the Move (COTM) as well as Communication on the Pause (COTP) antennas.

The company operates in global markets and reaches customers both directly and through a network of resellers.

KebNi's products and solutions are addressing government & military customers, as well as commercial customers in industries for robotics and self-driving vehicles.

The company is listed on NASDAQ First North Growth Market [KEBNI B] and the company's Certified Adviser is Redeye AB ([email protected], +46 8 121 576 90)

The information was submitted for publication, through the agency of the contact person set out above, on October 14, 2020 at 18:00 CET.

For accuracy, please exclusively rely on the Swedish version. Should there be unintentional translation differences between the English and the Swedish press release, the Swedish version will take precedence.

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