Brief: Hugo games says board of directors resolved to conduct rights issue of about NOK 30 to 41 mln

5Th Planet Games A/S

27/04/2017 19:50

April 27 (Reuters) - Hugo Games A/S  HUGOG.OL  
    * Board of directors of Hugo games A/S resolved to conduct a 
rights issue of approximately NOK 30-41 million 
    * Share capital will be increased by an issue of minimum 
47.6 million new shares and maximum 65.5 million new shares at 
nominal value of DKK 0.50 
    * Subscription rights are expected to be listed and tradable 
on Oslo stock exchange 
    * Subscription price will be NOK 0.63 per offer share 
    * Based on closing price of hugo games' share on 27 april 
subscription price implies a discount of about 19% 
    * Minimum amount of NOK 30 million in rights issue is fully 
underwritten 
 
Source text for Eikon:  ID:nObi40gTCa  
Further company coverage:  HUGOG.OL  
 
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