July 3, 2012 - Assignment

Aspiro carries out a rights issue

The Board of Directors of Aspiro AB has resolved on a new share issue of approximately SEK 100 million, with preferential right for the company’s existing shareholders, to finance the company’s expansion.

Aspiro has a unique position as the world’s only provider of complete TV and music streaming services for partners that want to put their own brands on the service. Aspiro also provides the music streaming service WiMP directly to consumers on selected markets. Aspiro has more than ten years’ experience within the provision of mobile services to consumers in northern Europe. Services are delivered to partners worldwide like Deutsche Telekom, Telenor, 3 and Canal Digital. Aspiro is listed on Nasdaq OMX Nordic Exchange Stockholm.

Aspiro is advised by Mannheimer Swartling in connection with the rights issue. The firm’s team includes partner Patrik Marcelius, specialist counsel Nils Nostell, and associates Jakob Wijkander and Aleksander Ivarsson.