Tobii publishes information brochure regarding the proposed listing of Tobii Dynavox

As previously communicated, the Board of Tobii AB (publ) (“Tobii”) has proposed that an Extraordinary General Meeting, to be held on October 25, 2021, resolves to distribute all ordinary shares in Tobii Dynavox AB (“Tobii Dynavox”) to Tobii’s shareholders, with the intention of a subsequent listing of the Tobii Dynavox ordinary shares on Nasdaq Stockholm. Information regarding the proposed distribution has today been published and will be available in the form of an information brochure on tobii.com.

The information brochure presents the background and reasons for the proposed split of the Tobii Group as well as a description of both Tobii Dynavox’s and Tobii excluding Tobii Dynavox´s businesses. The information brochure also introduces financial targets for Tobii Dynavox and historical financial information for both Tobii Dynavox and Tobii excluding Tobii Dynavox.

The purpose of the information brochure is to give the shareholders an overview of both companies’ operations, financial situation, the distribution in kind and listing process of Tobii Dynavox, and to be used as a basis for resolution by the shareholders in connection with the Extraordinary General Meeting on October 25, 2021.

Tobii Dynavox´s financial targets
Tobii Dynavox’s financial targets are:

• to increase revenue by more than 10% (currency-adjusted) on average annually,
• to achieve and maintain an EBIT margin of more than 15%, and
• to maintain a net debt of 2.5x (± 0.5x) last 12 months EBITDA.

The information brochure, which has been produced in both Swedish and English versions, will be available on https://www.tobii.com/group/investors/tobii-dynavox-spin-off/