Brief: Cell Impact Sets New Targets, Proposes Share Capital Increase

Cell Impact AB (publ)

11/03/2019 07:11

March 11 (Reuters) - Cell Impact AB (publ)  CIb.ST :
    * TARGET: TO REACH SALES IN RANGE OF SEK 20-40 MILLION IN 2019
    * TARGET: TO REACH EBITDA MARGIN OF -5 PERCENT TO -15 PERCENT IN 2019
    * TARGET 2021: REACH SALES OF SEK 100 TO 150 MILLION
    * TARGET: TO REACH SALES OF SEK 250 MILLION TO SEK 300 MILLION AND EBITDA MARGIN OF 10 TO 15
PERCENT IN 2023
    * TARGET 2021: REACH EBITDA MARGIN OF 5% TO 10%
    * PROPOSES RIGHTS ISSUE OF UNITS OF ABOUT SEK 54.4 MILLION BEFORE ISSUE COSTS
    * PROPOSES RIGHTS ISSUE OF 4.5 MILLION UNITS AT SEK 12 PER UNIT, CORRESPONDING TO SEK 3 PER
B-SHARE
    * PROPOSES DIRECTED ISSUE OF ABOUT SEK 14 MILLION BEFORE ISSUE COSTS

Source text for Eikon:  ID:nBQN3gSwKL 
Further company coverage:  CIb.ST 

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