Brief: Checkin.com Carries Out SEK 8.2 Million Share Issue
BRIEF-Checkin.com Carries Out SEK 8.2 Million Share Issue June 18 (Reuters) - Checkin.com Group AB CHECK.ST:
• SAID ON WEDNESDAY, IT RESOLVED TO CARRY OUT DIRECTED SHARE ISSUE OF SEK 8.2 MILLION
• SUBSCRIPTION PRICE AT 20.9% DISCOUNT TO JUNE 17 CLOSE
• PROCEEDS TO FUND GROWTH INITIATIVES, PRODUCT DEVELOPMENT, AND GENERAL CORPORATE PURPOSES
• TWO THIRDS OF NET PROCEEDS FOR COMMERCIAL INITIATIVES, ONE THIRD FOR PRODUCT DEVELOPMENT
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