Brief: Clavister To Extend Cooperation And Get SEK 10 Mln In New Convertible Loan From Norrlandsfonden

Clavister AB

01/03/2022 09:36

March 1 (Reuters) - Clavister Holding AB  CLAVI.ST :
    * CLAVISTER TO EXTENDS COOPERATION AND WILL RECEIVE MSEK 10
IN NEW
CONVERTIBLE LOAN FROM NORRLANDSFONDEN
    * CLAVISTER AND NORRLANDSFONDEN HAVE PREVIOUSLY ENTERED INTO
A
COLLABORATION WHERE CLAVISTER ON TWO OCCASIONS RECEIVED A
CONVERTIBLE LOAN OF SEK 10 MILLION (2012 AND 2017) AND WHERE
LATTER CONVERTIBLE EXPIRES AT END OF MAY 2022
    * NEW CONVERTIBLE FOLLOWS SAME STRUCTURE AND FRAMEWORK AS
PREVIOUS
CONVERTIBLE
    * AGREED CONVERSION RATE IS VOLUME WEIGHTED AVERAGE SHARE
PRICE OF
30 DAY PERIOD FROM FEBRUARY 6, 2022 TO MARCH 7 WITH AN
ADDITIONAL PREMIUM OF 15 %
    * TERM OF CONVERTIBLE IS 5 YEARS AND EXTENDS TO 2027-05-31.

Source text for Eikon:  ID:nMFNWcXC8 
Further company coverage:  CLAVI.ST 

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