Brief: Flowscape Technology Raises About SEK 30 Mln Via Private Placement

Flowscape Technology AB (publ)

05/02/2020 07:51

Feb 5 (Reuters) - Flowscape Technology AB (publ)  FLOWS.TE :
    * RAISES ABOUT SEK 30 MILLION VIA PRIVATE PLACEMENT
    * BOARD OF DIRECTORS HAS DECIDED ON PRIVATE PLACEMENT OF 210
MILLION SHARES AT A SUBSCRIPTION PRICE OF SEK 0.078 PER SHARE
    * DECIDED TO ISSUE ADDITIONAL 175 MILLION SHARES AT SEK
0.078 PER
SHARE
    * PURPOSE OF NEW SHARE ISSUES IS TO CREATE CONDITIONS FOR
CONTINUED SALES GROWTH
    * INVESTORS IN THE NEW SHARE ISSUE COMPRISE A NUMBER OF
SELECTED
PROFESSIONAL INVESTORS, INCLUDING ELEMENTA MANAGEMENT AB AND THE
ASSET MANAGER KAVALJER

Source text for Eikon:  ID:nWkr2QMgzS 
Further company coverage:  FLOWS.TE 

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