Brief: Anoto Group To Raise About SEK 7.7 Mln Through Directed Rights Issue

Inq AB (publ)

16/12/2020 09:47

Dec 16 (Reuters) - Anoto Group AB  ANOT.ST :
    * REG-ANOTO GROUP CARRIES OUT A DIRECTED RIGHTS ISSUE OF
8,595,556
NEW ORDINARY SHARES, THROUGH WHICH THE COMPANY WILL RAISE
APPROXIMATELY MSEK 7.7
    * SUBSCRIPTION PRICE OF SEK 0.90 PER SHARE
    * THROUGH NEW ISSUE, ANOTO WILL RECEIVE APPROXIMATELY SEK
7.7
MILLION BEFORE ISSUE COSTS
    * PROCEEDS WILL PRIMARILY BE USED FOR TRANSITIONING
MANUFACTURING
OF ANOTO AND KAIT PRODUCTS TO A BIGGER CONTRACT MANUFACTURING
FACTORY IN MEXICO.
    * THROUGH NEW ISSUE, ANOTO WILL RECEIVE APPROXIMATELY SEK
7.7
MILLION BEFORE ISSUE COSTS.

Source text for Eikon:  ID:nGNE85CBPX 
Further company coverage:  ANOT.ST 

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