Brief: Candles Scandinavia Carries Out Targeted Offset Issue, Takes Out Loan

Candles Scandinavia AB

04/08/2025 07:35

Aug 4 (Reuters) - Candless Scandinavia AB CANDLEb.ST:

SAID ON FRIDAY CARRIED OUT TARGETED OFFSET ISSUE OF 1,277,202 B SHARES AT PRICE OF SEK 65 PER SHARE, CORRESPONDING TO AROUND SEK 83 MLN

OFFSET ISSUE SETTLES PROMISSORY NOTES ISSUED AS PAYMENT FOR ACQUISITION OF 100% OF SHARES IN HASHTAGYOU

DECIDED TO TAKE OUT LOAN OF SEK 55 MLN

EXPECTS ACQUISITION TO GENERATE PROFIT CONTRIBUTION OF SEK 40-45 MLN WHEN SYNERGIES FULLY REALIZED

 Source text for Workspace: nMFN5w8yL2
 Further company coverage: [CANDLEb.ST]

 (Gdansk Newsroom)

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