Aug 27 (Reuters) - Tangiamo Touch Technology AB
TANGI.ST :
* TANGIAMO DECIDES ON A RIGHTS ISSUE OF APPROXIMATELY 27,4
MSEK
AND ENTERS INTO A LETTER OF INTENT TO ACQUIRE TRUSTPLAY.
* PURCHASE PRICE FOR TRUSTPLAY AMOUNTS TO SEK 17 MILLION
* PRICE IS INTENDED TO BE PAID THROUGH A DIRECTED ISSUE OF
SHARES
AT SAME SUBSCRIPTION PRICE AS IN RIGHTS ISSUE
* IN LIGHT OF RIGHTS ISSUE, CO HAS ALSO DECIDED TO NO LONGER
UTILISE FINANCING AGREEMENT WITH NORDIC GROWTH OPPORTUNITIES 3
* RIGHTS ISSUE IS UNDERWRITTEN TO APPROXIMATELY 91.7 %
THROUGH
SUBSCRIPTION UNDERTAKINGS AND UNDERWRITING COMMITMENTS
Source text for Eikon: ID:nWkrM8My6
Further company coverage: TANGI.ST
(Gdansk Newsroom)
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