Brief: Duearity Resolves On Directed Share Issue, Raises Loan

Duearity AB

02/01/2024 06:49

Jan 2(Reuters) - DUEARITY AB  DUEAR.ST :
    * SAID ON THE BOARD OF DIRECTORS HAS RESOLVED ON A DIRECTED
ISSUE
OF 2,046,783 SHARES CORRESPONDING TO APPROXIMATELY SEK 3.5
MILLION 
    * AFTER ISSUE COSTS, THE NET PROCEEDS ARE ESTIMATED TO BE
APPROXIMATELY SEK 3.3 MILLION
    * HE SUBSCRIPTION PRICE IN THE DIRECTED ISSUE HAS BEEN SET
TO SEK
1.71 PER SHARE
    * IT CORRESPONDS TO AN ISSUE DISCOUNT OF APPROXIMATELY 5
PERCENT
COMPARED TO THE COMPANY'S VOLUME WEIGHTED AVERAGE PRICE
    * DUEARITY HAS DECIDED TO RAISE A CONVERTIBLE LOAN OF UP TO
SEK
6.0 MILLION. 
    * THE PROCEEDS FROM THE DIRECTED ISSUE AND THE CONVERTIBLE
LOAN
WILL BE USED EXCLUSIVELY TO EXPAND THE DISTRIBUTOR NETWORK
GLOBALLY TO ENABLE MAXIMUM SALES AND REACH THE MAIN TARGET OF
BREAK-EVEN IN 2024


        
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN4V2B4l
 Further company coverage:  DUEAR.ST  

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