Brief: Freja Completes Share Issue Of About SEK 16.1 Mln, Raises Loan

Freja eID AB

11/10/2023 09:26

Oct 11(Reuters) - Freja Eid Group Ab  FREJA.ST :
    * SAID ON TUESDAY: THE BOARD OF DIRECTORS OF FREJA EID GROUP
AB
(PUBL) HAS TODAY, BASED ON THE AUTHORIZATION FROM THE ANNUAL
GENERAL MEETING ON 4 MAY 2023, RESOLVED TO CARRY OUT A DIRECTED
SHARE ISSUE OF 2,640,972 SHARES AT A SUBSCRIPTION PRICE OF SEK
6.10 PER SHARE
    * COMPANY WILL RECEIVE APPROXIMATELY SEK 16.1 MILLION BEFORE
TRANSACTION COSTS
    * IN CONNECTION WITH THE DIRECTED ISSUE, FREJA HAS ENTERED
INTO A
LOAN AGREEMENT THAT WAS CONDITIONAL ON THE DIRECTED ISSUE
AMOUNTING TO AT LEAST SEK 12 MILLION
    * THE BOARD OF DIRECTORS OF THE COMPANY HAS DECIDED THAT THE
LOAN
AMOUNT SHALL AMOUNT TO SEK 5.5 MILLION
    * THE LOAN TERMS ARE CONSIDERED BY THE COMPANY TO BE
MARKET-BASED
AND THE TERM IS 12 MONTHS

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr3FXCJm
 Further company coverage:  FREJA.ST  

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