Summary from Extraordinary General Meeting on 7 June 2016 of CLX Communications AB (publ)

07 June, 2016

Resolution on subsequent approval of the Board of Director's resolution of new issue of shares

At the Extraordinary General Meeting of CLX Communications AB (publ) ("CLX") on 7 June 2016, it was resolved to approve the Board of Director's resolution of 12 May 2016, to carry out a new issue of shares with preferential rights for CLX's shareholders. Upon full subscription, CLX will receive an amount of approximately SEK 624 million, before deduction of transaction costs. The rights issue is carried out as part of the Company's financing of the acquisition of American corporation Mblox Inc. For more information on the rights issue, please refer to previous press releases from the Company which were published on 13 May 2016 and 1 June 2016.

On the basis that the rights issue is fully subscribed for, the Company's share capital will increase with SEK 1,621,621.5, from SEK 3,243,243 to SEK 4,864,864.5, by issuing a maximum of 16,216,215 shares.

Reallocation of shareholding between the Principal Shareholders

On 7 June 2016, Neqst D1 AB acquired 1,119,864 shares in CLX and Robert Gerstmann acquired 92,029 shares in CLX (via a wholly owned company) from Cantaloupe AB and Kjell Arvidsson AB as part of a reallocation of shareholding among the principal shareholders prior to the rights issue. In connection with the reallocation, Carnegie Investment Bank AB (publ) and Handelsbanken Capital Markets, jointly acting as Joint Global Coordinators and Joint Bookrunners in the rights issue, agreed to waive the commitments of the principal shareholders not to sell their respective shareholdings in CLX, which was entered into by the time of the listing of the Company's shares on Nasdaq Stockholm.

After the reallocation, the principal shareholders still hold approximately 53 per cent of the shares in CLX, jointly. The purpose of the reallocation of the shareholding was to ensure that all principal shareholders have the opportunity to fulfil their respective subscription commitments as well as to allow all the principal shareholders to participate in the rights issue.

Contact information

For further information, please contact:
Johan Hedberg, CEO and Head of Group, 08-32 75 10,
Odd Bolin, CFO, 08-32 75 10,

The above information has been made public in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was released for public distribution on 7 June 2016 at 10:00 CET.