Brief: JonDeTech To Issue Directed Convertibles Worth SEK 10 Mln

JonDeTech Sensors AB (publ)

14/11/2019 06:53

Nov 14 (Reuters) - JonDeTech Sensors AB  JDT.ST :
    * SAID ON WEDNESDAY BOARD INTENDS TO ISSUE DIRECTED
CONVERTIBLES
WORTH SEK 10 MLN
    * CONVERTIBLES TO BE ISSUED WITH DEVIATION FROM
SHAREHOLDERS'
PREFERENTIAL RIGHTS
    * GOAL OF ISSUE IS TO SECURE FINANCIAL STABILITY AND
STRENGTHEN
CO'S BALANCE SHEET
    * DIRECTED ISSUE TO BE CONDUCTED THROUGH BOOKBUILDING
PROCESS AND
TO BE DIRECTED AT SWEDISH INVESTORS
    * BOOKBUILDING TO BEGIN IMMEDIATELY
    * ALLOCATION OF CONVERTIBLES EXPECTED TO TAKE PLACE BEFORE
NASDAQ
STOCKHOLM OPENS AT 09:00 NOV 14, 2019

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQN4j0w1x
    
 Further company coverage:  JDT.ST  
   


 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))