Cyber Security 1 Ab: Cyber1 Appoints Ubs Investment Bank As Financial Advisors
25 Novembre 2019 - 5:15PM
UK Regulatory
TIDMCYB1
25 November 2019
CYBER1 appoints UBS Investment Bank as Financial Advisors,
to explore listing opportunities in the United States Capital Markets
London United Kingdom -- 25 November 2019, Cyber Security 1 AB (Publ)
("CYBER1" or the "Company"), (Nasdaq:CYB1, OTCQX:CYBNY), a leading
supplier of cyber security solutions with operations in Europe, Africa
and the Middle East announces today its engagement with UBS Investment
Bank ("UBS"), to explore strategic alternatives in order to maximize
shareholder value.
CYBER1 currently trades on Nasdaq First North Growth Market in Sweden,
with an additional presence in the United States as a Level 1 Depositary
Receipt on the OTCQX Market and the Board is of the view that the
current listing is not a true reflection of performance of the business
over the past years or a reflection of the value created for its
shareholder base.
Following internal stakeholder discussions with key management and the
Board of CYBER1, the Company has appointed UBS as their exclusive
financial advisor to explore various strategic growth initiatives
including Mergers and Acquisitions in Europe and North America.
Nick Viney, CEO of CYBER1, commented: "We are delighted to announce this
engagement with UBS to explore the potential strategic alternatives to
unlock a number of pre-identified exciting commercial avenues for the
Group, expanding our platform and 5500+ customer base into the US
market. On the back of the significant growth of the Company in 2019 to
date, the North American market is a key area of focus for CYBER1 and we
continue to identify an array of strong benefits in this particular
region. We have been working closely with our advisory board, and with
the support of UBS in recognising the strategic opportunities for
expansion in both an organic and acquisition context. We will continue
to fulfil our regulatory requirements in our current jurisdictions,
which have provided us with significant transparency and accountability
to date with our shareholders and the wider cybersecurity market."
Certified Advisor
Mangold Fondkommission AB is the Company's Certified Adviser.
Telephone: +46 (0)8 5030 1550
E-mail: ca@mangold.se
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Metcalfe
Investor Relations contact, CYBER1
Email: cyber1@investor-focus.co.uk
This information is information that CYBER1 is obliged to make public,
pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact person set
out above, on 25.11.2019 at 17:15 CET.
ABOUT CYBER1
CYBER1 is engaged in providing cyber resilience solutions and conducts
its operations through physical presences in Sweden, South Africa, the
UK, Kenya, Germany, Austria, Turkey, Greece and the United Arab
Emirates. Listed on Nasdaq First North Growth Market (Nasdaq: CYB1.ST,
and as an American Depositary Receipt (OTCQX: CYBNY), the Group delivers
services and technology licenses to enhance clients' protections against
unwanted intrusions, to provide and enhance cyber resilience and to
prevent various forms of information theft. CYBER1 had revenues of
43.95m EUR in 2018. For further information, please visit
https://www.globenewswire.com/Tracker?data=BT1Z8cJaaU13bAzsgN-3yOPMZTJXANqHRZs0rDdvEbUwS0e_beWY24qzMKlplWVGewqr1wAA3o7vBCVLQ55hzoHOZp6mJ4mGOYFIytjDxu8=
www.cyber1.com/investors
For further information please visit:
https://www.globenewswire.com/Tracker?data=BT1Z8cJaaU13bAzsgN-3yAAYz8S3pqSDevkrZZJusSoaxbwrTJqRIvTwmrDHSDfnzLqpSyHWqrhP6WYlWIeOMA==
www.cyber1.com
For all Company filings and reports, please visit :
https://www.globenewswire.com/Tracker?data=PGhYIkUntaBaWbiVcm-NFLee2ktY626k9IH3aWnlPCAMgAgLqMfcFpkn3LrqXIjarbSYcViXiaGH4Pkn_Pg32uZZlMKKimxrnWctYtkE_ZVxhbSoW8wSRmkQWVsnPfSrp8MmWsfnXun1Ki0yoek5pH6XLlC1g_y_XLssZko5EpI=
https://cyber1.com/cyber1-investor-information/
UBS AG London Branch is authorised and regulated by the Financial Market
Supervisory Authority in Switzerland. It is authorised by the Prudential
Regulation Authority and subject to regulation by the Financial Conduct
Authority and limited regulation by the Prudential Regulation Authority
in the United Kingdom. UBS AG London Branch is acting exclusively as
financial adviser to CYBER1. In connection with such matters, UBS AG
London Branch will not regard any other person as its client, nor will
it be responsible to any other person for providing the protections
afforded to its clients or for providing advice in relation to the
contents of this Announcement or any other matter referred to herein.
(END) Dow Jones Newswires
November 25, 2019 11:15 ET (16:15 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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