Today marks the start of the subscription period for Tellusgruppen AB’s (publ) offering of units ahead of its planned listing on the Nasdaq First North Growth Market

Published: April 6, 2021

  

Miscellaneous

NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, WHETHER DIRECTLY OR INDIRECTLY, IN OR TO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SOUTH KOREA, SINGAPORE, SOUTH AFRICA, OR THE UNITED STATES, OR ANY OTHER JURISDICTION WHERE SUCH DISCLOSURE OR DISTRIBUTION WOULD BE INCOMPATIBLE WITH APPLICABLE REGULATIONS. PLEASE SEE IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

Today, Tuesday, April 6, 2021, marks the start of the subscription period for units in connection with the planned listing of shares in Tellusgruppen AB (publ) (“Tellusgruppen” or “the Company”) on the Nasdaq First North Growth Market. The subscription period runs through Tuesday, April 20, 2021.

On March 31, 2021, the Company published an investment memorandum (the “Memorandum”) for the offering to subscribe for units in the Company (the “Offering”). The Memorandum and the subscription form are available on the Company’s website, www.tellusgruppen.se, and on Mangold Fondkommissions AB’s (“Mangold”) website, www.mangold.se.

Registration

Notification of the intention to subscribe for units in the Offering must be made by:

  • Electronic subscription using BankID on Mangold's website, www.mangold.se.
  • Registration form available on the Company’s website, www.tellusgruppen.se, and on Mangold’s website, www.mangold.se.
  • Customers of Nordnet Bank AB (“Nordnet”) may apply for the Offer to subscribe for units directly through Nordnet’s online service. Additional information is available on Nordnet’s website, www.nordnet.se.
  • Customers of Avanza Bank AB (“Avanza”) may apply for the Offer to subscribe for units directly through Avanza’s online service. Additional information is available on Avanza’s website, www.avanza.se.

Advisor

Mangold Fondkommission is serving as financial advisor and Advokatfirman Delphi as legal advisor to the Company in connection with the Offering.

For more information

Bijan Fahimi, CEO of Tellusgruppen AB
bijan.fahimi@tellusgruppen.se
+46 707 167 453

Certified Adviser

The company's Certified Adviser is Mangold Fondkommission AB, which can be reached by phone at 08-5030 1550 and by email at ca@mangold.se.

About Tellusgruppen AB (publ)

Tellusgruppen is a long-term owner of well-managed companies in the education and child care sectors. The Group currently operates 23 preschools and four elementary schools, and also provides child care and homework assistance.

Tellusgruppen was founded in 2012 as the parent company of Tellusbarn (Tellusbarn was founded in 2007) and as a platform for future expansion in the education and child care sectors.

Tellusgruppen's business concept is to establish, operate, and develop profitable and growing subsidiaries in the childcare and education sectors. The company will serve as the parent company of a group that offers and delivers high-quality, innovative, and in-demand services in their respective fields.

Important Information

The publication, release, or distribution of this press release may be subject to restrictions in certain jurisdictions. Recipients of this press release in jurisdictions where this press release has been published or distributed must inform themselves of and comply with such restrictions. This press release does not constitute an offer or an invitation to acquire or subscribe for any securities of the Company in any jurisdiction, either by the Company or by any other party. The offer directed to the general public in Sweden and to selected institutional investors is made solely through the investment memorandum published by the Company.

This press release may contain forward-looking statements that reflect the Company’s current views regarding future events and financial and operational developments. Expressions such as “intends,” “aims,” “expects,” “anticipates,” “may,” “estimates,” “plans,” “calculates,” and other expressions that indicate or predict future developments or trends and are not based on historical facts. Such forward-looking statements are based on assumptions or estimates, and the Company makes no guarantees that such statements will be realized or prove to be accurate. Nor is the Company responsible for the future accuracy of the information.

This press release neither identifies nor purports to identify risks (direct or indirect) that may be associated with an investment in the Company’s securities, and the press release does not constitute a recommendation to prospective investors regarding the Offer. Any investment decision regarding the Offer should be made based on all publicly available information concerning the Company and the Company’s shares and warrants. The information in this press release is provided solely for background purposes and does not claim to be complete. An investor should therefore not rely solely on the information in this press release or on its accuracy or completeness. The price and value of the securities may decrease as well as increase. Past performance is not indicative of future results.

Copies of this press release or the information contained herein may not, in whole or in part, directly or indirectly, be distributed or transmitted to Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, or the United States, or any other jurisdiction where such action would violate applicable laws or regulations or would require additional registration or any other action beyond what is required under Swedish law.

Furthermore, the securities referred to in this press release have not been and will not be registered under any applicable securities laws in Australia, Hong Kong, Canada, New Zealand, Japan, Switzerland, or South Africa and may not, with certain exceptions, be offered or sold to or within, or on behalf of or for the benefit of, any person who is a resident of, domiciled in, or located in, these countries.

This press release does not constitute, nor is it part of, an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any state or other jurisdiction in the United States, and may not be offered, sold, or otherwise transferred, directly or indirectly, in or into the United States, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with the securities laws of the relevant state or other jurisdiction in the United States.  The information in this press release may not be disclosed, published, copied, or distributed, directly or indirectly, in whole or in part, in or to any jurisdiction where such disclosure, publication, or distribution would not comply with applicable laws and regulations or would require registration or other measures beyond those required under Swedish law. Any action contrary to this instruction may constitute a violation of applicable securities laws.