Brief: Biokraft To Resolve On Rights Issue Of Total Maximum SEK 650 Mln

Biokraft International AB

26/02/2024 06:42

Feb 26 (Reuters) - Biokraft International AB
 BIOGAS.ST :
    * BOD INTENDS TO RESOLVE ON SHARE ISSUE TO FINANCE
REPURCHASE OF
ITS SENIOR SECURED GREEN BONDS
    * TO RESOLVE ON A RIGHTS ISSUE WHICH CAN AMOUNT TO A TOTAL
MAXIMUM
OF ABOUT SEK 650 MILLION, AFTER DEDUCTION OF TRANSACTION COSTS
    * SUBSCRIPTION PERIOD IN RIGHTS ISSUE IS EXPECTED TO TAKE
PLACE
FROM AND INCLUDING 12 APRIL 2024 UP TO AND INCLUDING 26 APRIL
2024
    * BOD PROPOSES THAT EGM AUTHORIZES BOD TO RESOLVE ON A SHARE
ISSUE, WITH OR WITHOUT PRE-EMPTIVE RIGHTS, OF ABOUT A MAXIMUM OF
SEK 150 MILLION, BEFORE DEDUCTION OF TRANSACTION COSTS, TO BE
USED FOR INVESTMENTS IN COMPANY'S ONGOING OPERATIONS

Source text for Eikon:  ID:nWkr1RrGpC 
Further company coverage:  BIOGAS.ST 

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