On 24 November 2010, an extraordinary general meeting approved the resolution by the Board of Directors, passed on 22 October, to perform a new share issue with preferential right for the company’s shareholders. The rights issue was intended to finance part of the acquisition of the U.S.-based software provider Intergraph Corporation.
The final result of Hexagon’s rights issue showed that 87 783 072 shares, representing approximately 99.6 per cent of those offered, were subscribed for by the exercise of subscription rights. The 339 335 shares of series B that were not subscribed for with subscription rights were allocated to persons who had subscribed for shares on the basis of subsidiary preferential rights. Through the rights issue, Hexagon received proceeds amounting to approximately 6 521 MSEK before transaction costs.
