Brief: Enersize Proposes Fully Underwritten Rights Issue And Directed Issue Of About SEK 28 Mln

Enersize Oyj

12/10/2021 08:33

Oct 12 (Reuters) - Enersize Oyj  ENERS.ST :
    * ENERSIZE OYJ PROPOSES A FULLY UNDERWRITTEN RIGHTS ISSUE
AND A
DIRECTED ISSUE TOTALLING APPROXIMATELY SEK 28 MILLION
    * SUBSCRIPTION PRICE IN BOTH RIGHTS ISSUE AND DIRECTED ISSUE
IS
SEK 0.12 OR EUR 0.012 PER SHARE.
    * SUBSCRIPTION PERIOD IN RIGHTS ISSUE RUNS FROM AND
INCLUDING 12
NOVEMBER 2021, UNTIL AND INCLUDING 25 NOVEMBER 2021 IN SWEDEN
AND 29 NOVEMBER 2021 IN FINLAND
    * NEW SHARE ISSUANCES ARE ESTIMATED TO SECURE ENERSIZE'S
WORKING
CAPITAL DURING 2022
    * PROCEEDS WILL ENABLE CONTINUED ESTABLISHMENT OF NEW
BUSINESS
MODEL AND FOCUSED MARKETING AND SALES WORK
    * TOTAL DILUTION OF ISSUES AMOUNTS TO APPROXIMATELY 51
PERCENT FOR
SHAREHOLDERS WHO REFRAIN FROM PARTICIPATING IN RIGHTS ISSUE

Source text for Eikon:  ID:nMFN6tBKkH 
Further company coverage:  ENERS.ST 

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