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CRNO TO1 B - Cereno Scientific AB News Story

SEK0.48 0.0  2.1%

Last Trade - 1:53pm

Sector
Healthcare
Size
Micro Cap
Market Cap £7.11m
Enterprise Value £6.45m
Revenue £n/a
Position in Universe 1664th / 1865

BRIEF-Cereno Scientific Conducts Rights Issue Of About SEK 55.6 Million

Fri 12th April, 2019 7:53am
April 12 (Reuters) - Cereno Scientific AB  CRNOSb.TE :
    * CERENO SCIENTIFIC CONDUCTS A RIGHTS ISSUE OF APPROXIMATELY
SEK
55.6 MILLION AND ANNOUNCES A BRIDGE FINANCING
    * RIGHTS ISSUE CONSIST OF A MAXIMUM OF 19,181,302 NEW SHARES
OF
CLASS B
    * CERENO SCIENTIFIC HAS ENTERED INTO AGREEMENT REGARDING A
SHORT-TERM BRIDGE LOAN OF SEK 12 MILLION
    * RIGHTS ISSUE CONSIST OF A MAXIMUM OF 19,181,302 NEW SHARES
OF
CLASS B AND ARE OFFERED AT A SUBSCRIPTION PRICE OF SEK 2.90 PER
SHARE
    * RIGHTS ISSUE IS GUARANTEED UP TO 80 PERCENT BY
SUBSCRIPTIONS AND
UNDERWRITING COMMITMENTS.
    * RIGHTS ISSUE CONSIST OF A MAXIMUM OF 19,181,302 NEW SHARES
OF
CLASS B
    * WILL RECEIVE SEK 55.6 MILLION BEFORE ISSUING COSTS, IF
RIGHTS
ISSUE IS FULLY SUBSCRIBED.
    * SUBSCRIPTION PERIOD FOR SUBSCRIPTION OF SHARES WILL BE
FROM MAY
23, 2019 UNTIL JUNE 7, 2019

Source text for Eikon:  ID:nWkr6HXr3b 
Further company coverage:  CRNOSb.TE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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