Brief: Incoax Carries Out Fully Guaranteed Rights Issue Of About SEK 48 Mln

InCoax Networks AB

23/07/2020 07:04

July 23 (Reuters) - InCoax Networks AB  INCOAX.ST :
    * INCOAX CARRIES OUT A FULLY GUARANTEED RIGHTS ISSUE OF
APPROX. 48
MSEK, BRINGS FORWARD PUBLICATION OF Q2 2020 REPORT, COMMUNICATES
NEW GOALS AND ENTERS INTO AN AGREEMENT ON SET-OFF ISSUE OF
CONVERTIBLE
    * PROPOSES A NEW SHARE ISSUE OF APPROXIMATELY SEK 48 MILLION
WITH
PREFERENTIAL RIGHTS FOR EXISTING SHAREHOLDERS
    * - A SUBSCRIPTION PRICE OF SEK 5.25 PER SHARE

Source text for Eikon:  ID:nWkr367HcW 
Further company coverage:  INCOAX.ST 

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