Increased number of shares and votes in CLX Communications
As previously announced, CLX Communications AB (publ) has carried out a rights issue of 16,216,215 shares. The company's share capital as well as number of shares and votes have, therefore, increased in July 2016.
As of 29 July 2016, the total number of shares in CLX Communications AB (publ) amount to 48,648,645, corresponding to 48,648,645 votes. The rights issue has increased the company's share capital with SEK 1,621,621.50, which, therefore, as of 29 July 2016 amount to SEK 4,864,864.50.
This information is information that CLX Communications AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication on 29 July 2016 at 08:00 CET.
About CLX Communications
CLX was founded in 2008 with a mission to simplify communications globally. CLX has since then developed into a leading provider of cloud-based communications services and solutions to enterprises and mobile operators, with particular strength in the enterprise messaging market. Mobile communications services from CLX make it possible for enterprises to communicate globally with people and connected devices (Internet of Things, IoT) swiftly, securely and cost-effectively. CLX's solutions enable business-critical communication worldwide via mobile messaging services, voice services and mobile data connectivity services for IoT. CLX has over 600 enterprise customers globally, including a large number of global blue-chip enterprises, and over 70 Communications Service Provider customers (of which approximately 60 are mobile operators) that have installed and use CLX's internally developed software-based communications platform in their businesses.
CLX has demonstrated strong financial performance since its inception in 2008 and has increased its revenues from SEK 416 million in the twelve months ended 30 June 2013 to SEK 844 million in the twelve months ended 30 June 2015, corresponding to a compound annual growth rate of 42 percent. For the twelve months ended 30 June 2015, CLX reported EBITDA of SEK 93 million and EBIT of SEK 89 million, corresponding to an EBIT margin of approximately 10.5 percent.