Brief: Tangiamo Touch Technology: Debt-Free After Conversion Of Loan

36 AB

29/05/2020 12:02

May 29 (Reuters) - Tangiamo Touch Technology AB  TANGI.ST  :
    * SAID ON THURSDAY DECIDED TO CONVERT SEK 3.5 MILLION LOAN
AT THE
PRICE OF SEK 0.70 PER SHARE
    * PRICE PER SHARE, ACCORDING TO AGREEMENT, CORRESPONDS TO
ABOUT
10% DISCOUNT TO THE AVERAGE PRICE BETWEEN MAY 6 AND MAY 27, 2020
    * THE COMPANY ISSUES 5.3 MILLION SHARES 
    * AFTER THE CONVERSION, THE COMPANY IS DEBT-FREE

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr1Nm2Dq
    
 Further company coverage:  TANGI.ST  
   
    
    

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