Brief: 24SevenOffice Proposes Directed Issue Of Convertibles Of SEK 250 Mln

Done.ai AB

08/12/2020 06:56

Dec 8 (Reuters) - 24SevenOffice Scandinavia AB  247.TE :
    * SAID ON MONDAY 24SEVENOFFICE PROPOSES DIRECTED ISSUE OF
CONVERTIBLES OF MSEK 250
    * EACH CONVERTIBLE HAS A NOMINAL VALUE OF SEK 1.00, WHICH IS
ALSO
SUBSCRIPTION PRICE PER CONVERTIBLE
    * CONVERTIBLE LOAN TO CARRY ANNUAL INTEREST OF 1.5%, TO BE
PAID
EITHER IN CASH OR BY CONVERSION INTO SHARES, AT CO'S OPTION
    * CONVERTIBLE LOAN FALLS DUE ON 31 DECEMBER 2027
    * NOMINAL VALUE OF CONVERTIBLE LOAN IS UP TO MSEK 250,
ALLOCATED
ACROSS UP TO 250,000,000 CONVERTIBLES

Source text for Eikon:  ID:nWkrsCQ14 
Further company coverage:  247.TE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))