By Sheri Kasprzak
Atlanta, June 7 - ComputerLinks AG said it has closed a private placement for €8,186,528.
The offering included 584,752 shares at €14.00 each to institutional investors.
The funds raised in the private placement will be used to help pay for the acquisition of the Securesoft Group, which is comprised of four companies in Finland, Sweden, Norway and Denmark.
According to a statement, ComputerLinks' holding company, Fayrewood plc, sold 1,169,000 of its shares of ComputerLinks at €14.00 each for proceeds of £16,366,000. Before the offering, Fayrewood held 50.1% of ComputerLinks' shares but will now hold 27.75% of the company's share capital.
Sal. Oppenheim Jr. & Cie.KgaA was the sole bookrunner in the offering.
Based in Munich, Germany, ComputerLinks is an internet technology distributor in Europe.
| Issuer: | ComputerLinks AG
|
| Issue: | Stock
|
| Amount: | €8,186,528
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| Shares: | 584,752
|
| Price: | €14.00
|
| Warrants: | No
|
| Placement agent: | Sal. Oppenheim Jr. & Cie.KgaA
|
| Settlement date: | June 7
|
| Stock price: | €14.21 at close June 7
|
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