The Board of Directors in Ovzon AB (publ) has resolved to carry out a new share issue that will provide Ovzon with proceeds of SEK 84.5 million before deduction of transaction costs.

All shares in the transaction have been subscribed for by Stena Finans AB.

Ovzon offers a mobile broadband service via satellite combining high bandwidth satellite communication services with highly mobile terminals.

Carnegie Investment Bank AB (publ) is financial advisor and Baker McKenzie is legal advisor to Ovzon in connection with the directed new share issue. Baker McKenzie's team mainly consists of Joakim Falkner, Ian Gulam and Per Blom.

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