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MAV Mavshack AB (publ) News Story

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Brief: Mavshack To Carry Out Set-Off Issue

Sept 11 (Reuters) - Mavshack AB (publ)  MAV.ST :
    * TO CARRY OUT DIRECTED ISSUE FOR SETTLEMENT OF EXISTING DEBTS
    * DECIDED TO CARRY OUT A DIRECTED SHARE ISSUE TO A GROUP OF INVESTORS TOTALING SEK 6,060,242
    * NEW SHARES ARE ISSUED AT A SUBSCRIPTION PRICE OF SEK 0.0125 PER SHARE
    * A TOTAL OF 484,819,326 SHARES ARE ISSUED IN MAVSHACK AB, WHICH MEANS A DILUTION OF
EXISTING
SHAREHOLDERS BY 18.4%

Source text for Eikon:  ID:nBQN7m55PP 
Further company coverage:  MAV.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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