Tellusgruppen publishes a company profile with new financial information

Published: April 26, 2021

  

IR - Regulatory

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.

Tellusgruppen On March 23, 2021, AB (publ) (“Tellusgruppen” or “the Company”) received conditional approval for listing on the Nasdaq First North Growth Market. The Tellus Group’s company profile, in connection with the listing, is being published today on the Company’s website at www.tellusgruppen.se and on Mangold’s website at www.mangold.se. The company profile presents unaudited new financial information regarding the Company’s capital structure and indebtedness as of March 31, 2021, , including an adjustment for the effect of the new share issue in connection with the listing, which has not previously been published.

The Company Profile presents unaudited new financial information regarding the Company’s capital structure and indebtedness as of March 31, 2021, including an adjustment for the effect of the new share issue in connection with the listing. The information is presented below.

Capitalization

Amounts in KSEK	As of March 31, 2021
Current interest-bearing liabilities
Toward the castle	0
In exchange for collateral	0
Open-Ended Line of Credit	0
Total Current Interest-Bearing Liabilities	0
Long-term interest-bearing liabilities
Toward the castle	0
In exchange for collateral	18 099
Open-Ended Line of Credit	0
Total Long-Term Interest-Bearing Liabilities	18 099
Equity
Share Capital	625
Other Contributed Capital	20 144
Other Reserves	400
Retained Earnings	-2 422
Total Equity	18 747

Net Indebtedness

Amounts in KSEK	As of March 31, 2021
A. Cash Register	21 807
B. Cash and Cash Equivalents	0
C. Readily Marketable Securities	0
D. Total Liquidity (A + B + C)	21 807
E. Current Receivables	0
F. Short-term bank liabilities	0
G. Current portion of long-term debt	0
H. Other Current Liabilities	0
I. Total Current Liabilities (F + G + H)	0
J. Net short-term debt (I – E – D)	-21 807
K. Long-term bank loans	18 099
L. Bonds/Convertible Loans Issued	0
M. Other Long-Term Loans	0
N. Long-term debt (K + L + M)	18 099
O. Net Debt (J + N)	-3 708

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

For more information, visit
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.

This information is information that Tellusgruppen AB is required to disclose under the EU Market Abuse Regulation. The information was submitted for publication by the contact person listed above on April 26, 2021, at 8:45 a.m. CEST.

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 babysitting 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 in the Company in any jurisdiction, either from the Company or from any other party. The offer directed to the general public in Sweden and 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 potential 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 published solely as background information and does not claim to be complete. An investor should therefore not rely solely on the information in this press release or 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 or form 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 other than those required under Swedish law. Any action contrary to this instruction may constitute a violation of applicable securities laws.