Impact Coatings AB's ("the Company") Chairman of the Board Mark Shay has informed the Company that approximately 96,000 of his total 150,000 received subscription rights cannot be exercised since they are registered outside the geographic jurisdiction of the ongoing rights issue. To allow him to subscribe his pro rata portion, and to fulfill his subscription commitment, he has elected to acquire the corresponding number of subscription rights. The subscription rights that Mark Shay received but cannot exercise will not be transferred.
