Brief: Expres2ion Announces Fully Guaranteed Rights Issue Of About SEK 73 Million

ExpreS2ion Biotech Holding AB

06/04/2022 07:07

April 6 (Reuters) - ExpreS2ion Biotech Holding AB
 EXPRS2.ST :
    * EXPRES2ION ANNOUNCES A FULLY GUARANTEED RIGHTS ISSUE OF
APPROXIMATELY SEK 73 MILLION
    * RIGHTS ISSUE ENCOMPASSES 5,841,273 SHARES AT A
SUBSCRIPTION
PRICE OF SEK 12.50.
    * MAXIMUM NUMBER OF SHARES THAT MAY BE ISSUED IS 5,841,273
    * WILL RECEIVE PROCEEDS OF APPROXIMATELY SEK 73 MILLION
BEFORE
DEDUCTION OF COSTS ATTRIBUTABLE TO RIGHTS ISSUE, WHICH IS
EXPECTED TO AMOUNT TO APPROXIMATELY SEK 12.3 MILLION
    * SUBSCRIPTION PERIOD OF RIGHTS ISSUE RUNS FROM 19 APRIL UP
UNTIL
3 MAY 2022.

Source text for Eikon:  ID:nWkrc2Tsgt 
Further company coverage:  EXPRS2.ST 

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