Brief: Danske Andelskassers Bank carries guaranteed rights issue of 66,072,000 new shares

Danske Andelskassers Bank A/S

19/11/2015 15:03

Nov 19 (Reuters) - Danske Andelskassers Bank A/S  DABA.CO : 
    * Has decided to carry guaranteed rights issue of 66,072,000 new shares of 2 Danish crowns 
nominal value 
    * Gross proceeds from the offering will be about 165 million crowns ($23.69 million) 
    * Shares are offered with pre-emption rights for the bank's existing shareholders at a ratio 
of 5:6 
    * Each existing shareholder will be assigned six (6) subscription rights for each one (1) 
existing share 
    * Shares are offered at a fixed price of 2.50 crowns per share for each share of 2 crowns 
nominal value 
    * Subscription period for the new shares will run from Nov. 25 to Dec. 8, 2015 
    * Has received advance and underwriting commitments to subscribe for the full offer 
 
     
Source text for Eikon:  ID:nCSE64s7  
     
Further company coverage:  DABA.CO  
 
($1 = 6.9651 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))