Brief: Cantargia's Rights Issue Oversubscribed

Cantargia AB

12/08/2022 07:04

Aug 12 (Reuters) - Cantargia AB  CANTA.ST :
    * CANTARGIA ANNOUNCES FINAL OUTCOME OF THE COMPANY'S
SIGNIFICANTLY
OVERSUBSCRIBED RIGHTS ISSUE
    * 63,929,030 SHARES, CORRESPONDING TO APPROXIMATELY 95.7
PERCENT
OF OFFERED SHARES, HAVE BEEN SUBSCRIBED FOR WITH SUPPORT OF
SUBSCRIPTION RIGHTS AFTER END OF SUBSCRIPTION PERIOD ON 10
AUGUST 2022.
    * RIGHTS ISSUE WAS SIGNIFICANTLY OVERSUBSCRIBED BY 44
PERCENT
    * THUS, GUARANTEE COMMITMENTS WILL NOT BE UTILIZED.
CANTARGIA WILL
RECEIVE APPROXIMATELY SEK 250 MILLION BEFORE DEDUCTION OF
TRANSACTION COSTS THROUGH RIGHTS ISSUE.

Source text for Eikon:  ID:nWkr2TxVVw 
Further company coverage:  CANTA.ST 

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