Brief: Alelion Carries Out Fully Guaranteed Rights Issue Of Units Of Up To SEK 68.2 Million

Alelion Energy Systems AB

18/08/2020 13:47

Aug 18 (Reuters) - Alelion Energy Systems AB  ALELIO.ST :
    * ALELION CARRIES OUT A FULLY GUARANTEED RIGHTS ISSUE OF
UNITS OF
UP TO 68.2 MSEK, INCLUDING AN OVER-ALLOTMENT OPTION TO FINANCE
RAMP-UP
    * UPON FULL EXERCISE OF WARRANTS, COMPANY WILL FURTHER
RECEIVE
APPROXIMATELY 21-44 MSEK
    * BOARD MAY DECIDE ON AN OVER-ALLOTMENT OPTION WHICH, ON
FULL
SUBSCRIPTION, INITIALLY CONTRIBUTES APPROXIMATELY 11.4 MSEK
    * SUBSCRIPTION PERIOD IN RIGHTS ISSUE RUNS BETWEEN 30
SEPTEMBER
AND 14 OCTOBER 2020
    * SUBSCRIPTION PRICE IS 0.90 SEK PER UNIT, CORRESPONDING TO
0.90
SEK PER SHARE. WARRANTS ARE ISSUED FREE OF CHARGE
    * TO FINANCE COMPANY'S OPERATING COSTS IN SHORT TERM,
ALELION WILL
TAKE A BRIDGE LOAN OF 10 MSEK FROM FOURIERTRANSFORM AB.

Source text for Eikon:  ID:nWkr6NzXW9 
Further company coverage:  ALELIO.ST 

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