Cyber Security 1 Ab: Applies Forcompany Reorganisation, Whilst Continuing Operations

 
TIDMCYB1 
 
 
   CYBER1 Applies For Company Reorganisation, Whilst Continuing Operations 
 
   London United Kingdom -- 06 May 2020 -- Cyber Security 1 AB (Publ) (the 
"Company") ("CYBER1") (Nasdaq First North: CYB1), has today announced 
that, in light of current general trading conditions, the Company has 
decided to apply to the Stockholm District Court to approve an 
application for admission into a company reorganisation process. 
 
   Following formal approval of admission, the CYBER1 group will throughout 
the reorganisation process trade as normal and such process will not 
affect the status of the Company as a listed entity on the Nasdaq First 
North Growth Market exchange. 
 
   It is anticipated that the process may last up to a period of 3 months 
during which period the Company will benefit from a moratorium from any 
formal action by a creditor against the Company.  The period may be 
extended, by application of the Company to court, if a compromise with 
its creditors is not obtained before the end of such period. 
 
   The Board of Directors believe that its chosen course of action is the 
most effective mechanism to stabilise the business at this challenging 
time and to begin the route to achieving long term profitability for the 
Company. 
 
   Information on the date and time of any creditor meetings at the 
Stockholm District Court will be communicated in due course by the Court 
appointed reconstructor. 
 
   The Company has requested Swedish law firm, Carler Law, be appointed to 
lead the process. 
 
   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 6 May 2020 at 17:30 CET. 
 
   Certified Adviser 
 
   Mangold Fondkommission AB is the Company's Certified Adviser. 
 
   Telephone: [phone] E-mail: 
https://www.globenewswire.com/Tracker?data=V26db18qf88KG9kW-VS9zeb8ekjypU7vmXTngMJEtRWvsFM3JbziiwW45s0il1ktcKlJwBvemo0DTszgYbhwvs-U8qwZk8JTXFg91IvUFyGIa0vouTABTIDerN1W0_s_BAlF7nxFW94oEdNyj700RhhEjo3hN96TbQoSwbGRi4MdTUHW6LzpFctW4r4sn-DqjxihEaZcwhsxYDkcss1txtZtNU6Y4vQkZmBZDfpmdhU= 
[e-mail] 
 
   FOR FURTHER INFORMATION, PLEASE CONTACT: 
 
   European Investor Relations Contact: 
 
   Tim Metcalfe / Zach Cohen 
 
   CYBER1 Email: 
https://www.globenewswire.com/Tracker?data=IC-dmHii06JHtYsJtfAzdJgmZsuSc22sYylMY_LQlfZSeAqiplkrUqoHoKfbrPOKiA_Rcb49juDdOQ552qC2o9U5t8af7rR5MSC_ql9KiG7ptJEubV7vdx_IXzfruV6V5PtO4ol9NDc-hTniJjweZYiJX19XlVCfHM4YJAGsAGQQwpf2LNy1D9COu2eMFSLKOGbKueF0ZCXXE6qGIZ87t0IxknJ-BZUvd5gn9PFx3mOZQ5Hz3A5gR0GKjiyJhcOkHbslLr_mG3TpIdvpHzBA8avQXNPgfghJ0M09zuq5V4Y= 
[e-mail] 
 
   US-Investor Relations contact, CYBER1 
 
   Matt Glover: U.S Investor Relations contact, CYBER1 
 
   Email: 
https://www.globenewswire.com/Tracker?data=IC-dmHii06JHtYsJtfAzdAzeploo8r9Wvv6v_YaMhOn1PI_2BXXB3Ael2-lYcYj9DuGpC-e0E6Qvr77LBbaAkdAqdffzikvmWPEh1M0uIZU= 
[e-mail] 
 
   ABOUT CYBER1 
 
   CYBER1 is engaged in providing cyber resilience solutions and conducts 
its operations through physical presences in UK, Sweden, Kenya, South 
Africa, United Arab Emirates and the United States. 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 68.73m EUR in 
2019. For further information, please visit 
https://www.globenewswire.com/Tracker?data=EO390HeuVVE5zql5DbtrZCX9BVllu0WLAQbO7MyjMtD2JIv3Jz3jRZp4hsZLPb5mz99CLgkOQGyq6WpT_9FNHxeDv9t4oDk5zMNBp10XahJpnFXv9RHajA45BMbUmJM1XjG9zKpeqCkNhUBG_mWEc_p3X4HUxos3flj7-H7kP_OipL2Iq-7PtOOcDVr2c1aTjvibjRZRUwMQmXMf121K0c8YZBno4eSpkayPlgjCS73wEVLgYinQZkR7avTZPxUI1s6uUnRzeaYjWASmdOZ777VozZpFdhOHfew8j8W_nwLT1fwSaxI307PGT520tO-1r1tcxHsVntHkUlQzbUe6S7Vv2XJFpYVAtFvQ6GHBROL5uxcOsG_N02u5qH1HjWRH09JBM9lEldDkPhqmqFRh5ySyYJpc5JQ1j40gMQlqJuLSzoZpfUCnCM9yIysu_dOAYFOyeHoKQP6FezyklOOmwkYp1-68Zx7TlnqJSTeEaWYoTrYY0s9bANnGDM6d0K7b 
www.cyber1.com/investors. 
 
   For further information please visit: 
https://www.globenewswire.com/Tracker?data=EO390HeuVVE5zql5DbtrZDEIkKJWNKdG8HthY4s8rsQtaQHHd_ADq0H2pkeAqSmGo1Ex7rjAKV3ZXY8trWhx9-7Te8SawiOoPyzctz1GlDGfFnv_Sk4ndNfgXLhRftlumXILBjfSd5TufsktqP6RvVwMsb8BJ1ginwuONJVTfdJTx6ujojwYBNYKt90CEItlyVT2OfC3O8N5EuP_wYduIthDlJA2popPdYn-qvCgeMe0kE2lGp5y3dWZcOEDkuOQh7Lbw2YBB3ONZVbufFeCX4jG-7cNydli2RLYKVeMwCUjJTCwFaWs75Yhzq2dnv9naYTd49Uigon5G2DhGoji6kb9XWiTSOs68QXClK7zB4qVkesIumXcePLXne9915a5J7pR0Y5oclPCvnjcxc8Ro-Nv1y-zZYnT8I3QQxQjfy3bry480D9t746sjyS9G4r6QAjq0H-RMTBCQDAd2I2kzv-gyCUyuAN4MJvNDGHRh4kPEKwWBNC3GS1hr_fytmlEWukJzxl07xdoUMK0DnjFdKT6XX2z9p0DWrM0ugDTp5zrww-s8y3kYbjLvi_x_iKRAE1ZYtQ--2klvA_vkd_WhzsOmqGyMC-yJLVO2eBgwFmv0EKGxo_pFBVT2AkugyIJyQflsspKyfG9zDh1XWK8GheshgnQl8SdkGFRYAQCGJB5aLNOZIUaJ3_xBlQ8-_-cUolBPuelbdiYNrGlPfc8E7F9sbw8IDJZhqgHuucPc12C5hY92QqC1LjwqoSGtKz2V7JqLN1sslMSO6p6_YLr2BsVwUZBWlMBNw-G7u65ogukDbwsB8Q5LGFcIo9Ta3XFChbXXs-RNIvJpF43vOuLAbXdU4Sys4KjyiZjHo9acdS7fihNd6xWvWY8RiXOyaTlbv6GxrxAEDQDH9t869e1rrRnr_w0nGHTP5vrkgyaahjnHlZpKG8EyURv1uDaX3O_1sOEsCeBFOgN4SLVGF4kUzH5cf_7EDtzRYjdqthNfYq7OyzNO0qTTCOTVE-r9m1gm3C5xRZ4jygs54LG0ihP6wgVOdVo5-GQGk6gFdS0uyl5RmpeZUDEgQ3W97YeLMEXDm7wUrpK7ioapFxdQyUO1Kvb7ZOxOAnW5U5LTzQ-j1vc3ZJ1mfa6djxgXA-LiIWBeOfYi3QOulSeMKsd6PhMQCX7P0qwKJFQEcZKiOjMSsy5ZaSClABNFbP8tnxGQVrnMK7AzJhDSdD4ab_Mmhctik200_PZqLSo66iDo0pc6tUuQOMYPJVALBYXetttvaVBaEVrX4uN_G_Y2NS8PTMH4CMCPAqMd1gC-SCacVNzvkQ-QsphMvhD-pTByfp8arlPyqrFUM5WX5Ko-SrMVNHDDTLBseis6Ras_cDWoUZGwoxOIj7gToxYAjPXSxC3FYNl5-DbR5Um6FFmnDfFpm1DoDdrfM2oee8DD6zb1-L1WoSeBhIG-H6QBwFZ4NpbHnme7DgYHQDphiqzrIURHAx0Gw== 
www.cyber1.com 
 
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https://cyber1.com/cyber1-investor-information/ 
 
 
 
 

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May 06, 2020 11:30 ET (15:30 GMT)

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