Brief: Fragbite Group Executes Directed Share Issue To Guarantors

Fragbite AB (publ)

29/07/2024 08:28

July 29 (Reuters) - Fragbite Group  FRAGBI.ST :
    * SAID ON FRIDAY EXECUTES DIRECTED SHARE ISSUE TO GUARANTORS
IN
CONNECTION WITH COMPLETED RIGHTS ISSUE
    * COMPENSATION ISSUE COMPRISES TOTAL OF 66,000,000 NEW
SHARES,
SUBSCRIPTION PRICE OF SEK 0.02 PER SHARE
    * GUARANTORS WHO HAVE NOT CHOSEN TO RECEIVE THEIR GUARANTEE
COMPENSATION IN FORM OF NEWLY ISSUED SHARES WILL INSTEAD RECEIVE
CASH AMOUNT FOR EACH GUARANTEE COMMITMENT
    * CASH PORTION OF GUARANTEE COMPENSATION AMOUNTS TO ABOUT
SEK 5.2
MLN


        
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