Brief: Intellego Technologies Decides On Directed Issue Of SEK 7.5 Mln

Intellego Technologies AB

13/01/2023 06:59

Jan 13 (Reuters) - Intellego Technologies AB  INTE.ST :
    * SAID ON THURSDAY BOD DECIDES ON DIRECTED ISSUE OF 719,053
SHARES
    * SUBSCRIPTION PRICE IS SEK 10.50 PER SHARE
    * SUBSCRIPTION PRICE AT 6.6% DISCOUNT TO SHARE CLOSING PRICE
JAN
11
    * EXPECTS TO RAISE ABOUT SEK 7.5 MLN FROM ISSUE, BEFORE
TRANSACTION COSTS
    * ISSUE DIRECTED TO NUMBER OF PROFESSIONAL, PRIVATE
INVESTORS
    * ISSUE TO PARTIALLY FUND ACQUISITION OF DARO GROUP
    * BOD PROPOSES THAT EGM GIVES AUTHORISATION FOR BOD TO ISSUE
SHARES TO SELLERS OF DARO FOR REMAINDER OF PAYMENT
    * CO ENTERS LOAN AGREEMENT WITH EXELITY AB, JEQ CAPITAL AB
FOR SEK
6 MLN TO PARTIALLY FINANCE ACQUISITION 
    * LOAN TERMS PROVIDE FOR CONVERSION RIGHT FOR LENDERS, WHERE
REPAYMENT CAN BE MADE WITH COMPANY SHARES

        
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