Brief: Bomill BoD Proposes New Share Issue Of Maximum SEK 21.9 Mln

Bomill AB

06/03/2023 08:38

March 6 (Reuters) - BoMill AB  BOMILL.ST :
    * BOMILL BOARD PROPOSES A SECURED NEW SHARE ISSUE OF MAXIMUM
SEK
21,9 MLN TO SCALE UP THE COMMERCIALIZATION OF BOMILL INSIGHT
    * PROPOSES A RIGHTS ISSUE TO BE DECIDED AT AN EXTRAORDINARY
GENERAL MEETING ON 6 APRIL 2023
    * NEW SHARE ISSUE PROVIDES COMPANY WITH A MAXIMUM AMOUNT OF
APPROXIMATELY SEK 21,9 MLN BEFORE TRANSACTION COSTS
    * PRICE OF SEK 0,47 PER SHARE
    * NET PROCEEDS FROM RIGHTS ISSUE WILL BE USED TO SCALE UP
COMMERCIALIZATION OF BOMILL'S NEW GENERATION OF GRAIN SORTING
EQUIPMENT, BOMILL INSIGHT, AND SUPPORT CONTINUOUS OPERATIONS OF
COMPANY
    * SUBSCRIPTION PERIOD WILL BE 19 APRIL TO 3 MAY 2023

Source text for Eikon:  ID:nWkr6CqShP 
Further company coverage:  BOMILL.ST 

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