Brief: Mekonomen announces the terms of its rights issue

Meko AB

24/09/2018 22:25

Sept 24 (Reuters) - Mekonomen AB  MEKO.ST :
    * SHAREHOLDERS IN MEKONOMEN HAVE PREFERENTIAL RIGHTS TO
SUBSCRIBE
FOR FOUR (4) NEW SHARES PER SEVEN (7) EXISTING SHARES
    * SUBSCRIPTION PRICE IS SEK 79 PER SHARE, WHICH AMOUNTS TO
PROCEEDS OF SEK 1,621M BEFORE COSTS RELATED TO RIGHTS ISSUE
    * RECORD DATE FOR RIGHTS ISSUE IS 1 OCTOBER 2018 AND
SUBSCRIPTION
PERIOD RUNS FROM 3 OCTOBER 2018 TO 18 OCTOBER 2018, BOTH DATES
INCLUSIVE
    * SUBSCRIPTION COMMITMENTS IN RIGHTS ISSUE CORRESPOND TO
42.9 PER
CENT OF RIGHTS ISSUE

Source text for Eikon:  ID:nWkr9bqpSg 
Further company coverage:  MEKO.ST 

 ((Reuters.Briefs@thomsonreuters.com;))