Brief: Incoax Networks Announces Results Of Rights Issue

InCoax Networks AB

10/09/2020 07:33

Sept 10 (Reuters) - InCoax Networks AB  INCOAX.ST :
    * INCOAX NETWORKS AB (PUBL) ANNOUNCES THE RESULTS OF THE
RIGHTS
ISSUE
    * RIGHTS ISSUE WAS SUBSCRIBED BY APPROXIMATELY 281 PERCENT
    * RIGHTS ISSUE PROVIDES COMPANY WITH APPROXIMATELY SEK 42
MILLION
AFTER DEDUCTION OF ISSUE COSTS OF APPROXIMATELY SEK 6 MILLION,
OF WHICH GUARANTEE COMPENSATION AMOUNTS TO APPROXIMATELY SEK 2.6
MILLION
    * OF PROCEEDS, APPROXIMATELY SEK 15.8 MILLION RELATES TO
SET-OFF
AGAINST PREVIOUSLY GRANTED LOANS.

Source text for Eikon:  ID:nWkr4Q3YFY 
Further company coverage:  INCOAX.ST 

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