Brief: Maven Wireless Decides To Diversify Shareholder Base

Maven Wireless Sweden AB

12/12/2022 07:22

Dec 12 (Reuters) - Maven Wireless Sweden AB  MAVEN.ST :
    * SAID ON FRIDAY BOARD DECIDES TO DIVERSIFY SHAREHOLDER BASE
    * OWNERSHIP DIVERSIFICATION CONSISTS IN PART OF A NEW ISSUE
OF A
MAXIMUM OF 1,300,000 SHARES 
    * OWNERSHIP DIVERSIFICATION CONSISTS IN PART OF AN OFFER FOR
THE
ACQUISITION OF NO MORE THAN 800,000 EXISTING SHARES
CORRESPONDING TO A TOTAL AMOUNT OF NO MORE THAN EUR 2.5 MILLION
($2.63 MILLION)
    * SUBSCRIPTION PRICE PER SHARE WILL CORRESPOND TO THE
VOLUME-WEIGHTED AVERAGE PRICE ON NASDAQ FIRST NORTH DURING THE
REGISTRATION PERIOD, WHICH WILL RUN FROM AND INCLUDING DEC. 12
    * IF OFFER IS FULLY SUBSCRIBED, THE COMPANY IS EXPECTED TO
RECEIVE
A MAXIMUM OF ABOUT SEK 16.5 MILLION BEFORE TRANSACTION COSTS,
WHICH ARE ESTIMATED TO AMOUNT TO ABOUT SEK 1.2 MILLION 

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN2T7K41
 Further company coverage:  MAVEN.ST  
($1 = 0.9508 euros)
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))