Brief: Hybricon: rights issue fully subscribed

Hybricon AB

11/04/2017 12:32

April 11 (Reuters) - HYBRICON BUS SYSTEM AB (PUBL) 
 HYCO.ST : 
    * SAID ON MONDAY SUBSCRIPTION PERIOD IN HYBRICON BUS SYSTEM 
AB'S RIGHTS ISSUE OF UNITS ENDED MARCH 31, 2017   
    * RIGHTS ISSUE WAS SUBSCRIBED TO 34,437,847.40 SWEDISH 
CROWNS, CORRESPONDING TO A SUBSCRIPTION RATE OF ABOUT 97 PERCENT 
    * THROUGH THE RIGHTS ISSUE, THE COMPANY RECEIVES PROCEEDS OF 
ABOUT 25.5 MILLION CROWNS AFTER ISSUE COSTS OF ABOUT 6.1 MILLION 
CROWNS AND CANCELLATION OF LOAN FROM MAIN OWNER OF 4 MILLION 
CROWNS 
 
     
 Source text: http://bit.ly/2p2MNbv 
     
 Further company coverage:  HYCO.ST   
    
 
 
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