March 27 (Reuters) - Bioretec Oy BRETEC.HE:
INSIDE INFORMATION: BIORETEC LTD'S BOARD OF DIRECTORS RESOLVED ON A RIGHTS ISSUE OF UP TO APPROXIMATELY EUR 14.8 MILLION AND PUBLISHES THE TERMS AND CONDITIONS OF THE RIGHTS ISSUE
SUBSCRIPTION PRICE FOR EACH NEW SHARE IS EUR 0.01
TO OFFER UP TO 1,477,828,416 NEW SHARES TO SHAREHOLDERS
EXPECTS TO RAISE AT LEAST EUR 5 MILLION IN GROSS PROCEEDS FROM OFFERING
ONE SUBSCRIPTION RIGHT ENTITLES HOLDER TO SUBSCRIBE FOR 48 NEW SHARES AT EUR 0.01 EACH
SUBSCRIPTION PERIOD FOR NEW SHARES RUNS FROM APRIL 7 TO APRIL 21, 2026
DNB CARNEGIE INVESTMENT BANK AB FINLAND BRANCH ACTS AS SOLE GLOBAL COORDINATOR
Source text: ID:nWkr5qNy5q
Further company coverage: BRETEC.HE
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