April 23 (Reuters) - Bioretec Oy BRETEC.HE:
INSIDE INFORMATION: PRELIMINARY RESULT OF BIORETEC LTD'S RIGHTS ISSUE
TO RECEIVE GROSS PROCEEDS OF EUR 12.9 MILLION FROM OFFERING
SHARES NOT SUBSCRIBED FOR WERE SUBSCRIBED FOR PURSUANT TO UNDERWRITING COMMITMENT GIVEN BY STEPHEN INDUSTRIES INC OY
WILL PAY STEPHEN INDUSTRIES INC OY FEE OF ABOUT 7.5% FOR UNDERWRITING COMMITMENT
VOTING PERCENTAGE OF STEPHEN INDUSTRIES INC OY, AND INDIRECTLY CHAIR OF BOARD, KUSTAA POUTIAINEN, IS EXPECTED TO EXCEED 30% THRESHOL
STEPHEN INDUSTRIES INC OY WAS GRANTED PERMANENT EXEMPTION FROM OBLIGATION TO LAUNCH MANDATORY BID
Source text: ID:nWkr6WwdLt
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