Brief: Hoylu Raises SEK 5 Mln In Directed Issue Of Convertible Loan Notes And Warrants

Hoylu AB

08/05/2019 07:51

May 8 (Reuters) - Hoylu AB  HOYLU.ST :
    * REG-HOYLU AB:  HOYLU AB (PUBL) RAISES SEK 5M IN A DIRECTED
ISSUE
OF CONVERTIBLE LOAN NOTES AND WARRANTS.
    * CONVERTIBLE LOAN AMOUNT TO SEK 5,000,000 CORRESPONDING TO
5,000,000 CONVERTIBLE LOAN NOTES
    * CONVERTIBLE LOAN MATURES ON MAY 7, 2020 AND CARRIES AN
ANNUAL
INTEREST RATE OF 8 PER CENT.
    * CONVERSION PRICE IS SET AT SEK 5.00 PER NEW SHARE
    * MAXIMUM OF 2,000,000 SHARES WILL BE ISSUED IN RELATION TO
DIRECTED ISSUE

Source text for Eikon:  ID:nGNEvpfcv 
Further company coverage:  HOYLU.ST 

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