Today, after the close of the exchange, Cinnober Financial Technology Aktiebolag (publ) (“Cinnober”) will publish its year-end report for 2016. As announced on November 9, 2016, Cinnober has resolved to increase its focus on sales of technology and services for real-time clearing for banks, so-called client clearing, through a separate subsidiary for these operations (the “Subsidiary”). Cinnober now intends to raise capital for this initiative by investigating the possibility for a directed share issue of approximately SEK 100 million and using this capital to invest in the Subsidiary.
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