10.10.2022 08:33:50 CEST | Risma Systems A/S |
Company Announcement
Company Announcement No. 16-2022 – Inside Information
Copenhagen, October 10, 2022
RISMA carries out a private placement of new shares to new and existing investors at a subscription price of DKK 5.50 per share, raising gross proceeds of DKK 20,000,002
Reference is made to the company announcement no. 13-2022, whereby RISMA Systems A/S (“RISMA”) announced its intention to carry out a capital raise in Q4 2022.
On October 10, 2022, the Board of Directors of RISMA Systems A/S (“RISMA”) resolved to carry out a private placement (the “Private Placement”) of new shares to new and existing investors and issue 3,636,364 new shares of nominally DKK 0.10 each (the “New Shares”), raising gross proceeds of DKK 20,000,002. The subscription price for the New Shares is DKK 5.50, which is 14.3% above the last 5 days average closing share price of DKK 4.81.
The private placement of new shares is done by two current investors; Chairman Lars Ankjer through Ankjer Holding ApS, Board member Claus Christiansen through NB Herlev Holding ApS and one new investor; Rolf Bladt through Bladt Invest ApS.
The share capital increase pertaining to the Private Placement is carried out without pre-emptive rights for RISMA’s existing shareholders in accordance with the authorization granted to the Board of Directors and set out in article 6.1 of RISMA’s articles of association. The New Shares will, upon issuance and registration with the Danish Business Authority and admission to trading on Nasdaq First North Growth Market Denmark, rank pari passu with RISMA’s existing shares and carry the same rights as the existing shares.
The share capital increase related to the Private Placement is expected to be registered with the Danish Business Authority on or around October 12, 2022. The admission to trading of the New Shares on Nasdaq First North Growth Market Denmark is expected to take place on or around October 13, 2022.
Chairman and Investor, Lars Ankjer, states:
“I am very pleased that RISMA has been able to raise new capital in the present capital market. In uncertain times we prefer to have a solid economy. With the cost reduction mentioned in Company Announcement No. 13-2022, and a cash availability of c. 30 MDKK, we believe we have achieved just that.”
CEO and Founder, Lars Nybro Munksgaard, states:
“I believe the capital raise bring RISMA in a strong position going into 2023. In the beginning of 2023, RISMA will introduce one or more new ESG-related solutions, thereby providing RISMA with one more business area. The additional capital provides RISMA with an extra solid economy as well as room to accelerate marketing of the ESG solutions if relevant.”
The Private Placement does not have any impact on RISMA’s guidance for the financial year ending 31 December 2022. Accordingly, RISMA maintains its guidance of for 2022 of DKK 23 – 26 million in ARR, equivalent to an ARR growth of 50 – 70%, and maintains its guidance on EBITDA of DKK (21) – (23) million.
Further InformationLars Nybro Munksgaard, CEO & FounderMobile (+45) 31 48 11 00e-mail: lnm@rismasystems.com
RISMA Systems A/SEjby Industrivej 34-38, 2600 Glostrup, Denmark
Certified AdvisorGrant ThorntonJesper Skaarup VestergaardDirect (+45) 35 27 50 11, Mobile (+45) 31 79 90 00Grant ThorntonStockholmsgade 45, 2100 Copenhagen Ø, Denmark
About Risma Systems A/S
RISMA is a leading SaaS company empowering companies to take their governance, risk and compliance effort to the next level. We believe in the value of good corporate citizenship, and our customers share our vision of aspiring to make a positive difference in complying with both regulatory and stakeholder expectations.
Our software platform supports our customers to be in control and decision wise when structuring, handling, and documenting their efforts across governance, risk, and compliance. Our core GRC suite offers eight business-critical solutions relevant for all companies regardless of size and industry – GDPR & Privacy, ISMS & ISO27001, ESG & sustainability, Enterprise Risk, Financial & Internal controls, Vendors & Contracts, Policy Management, and Incident Management
RISMA is listed on Nasdaq First North with a mission to become a leading GRC platform for medium and enterprise businesses and organizations. We believe that being a good business – is really great for business.
Attachments
Download announcement as PDF.pdf
