Brief: Meltron Makes New Issue With Priority For Current Shareholders

Meltron AB (publ)

25/08/2020 10:18

Aug 25 (Reuters) - Meltron AB (publ)  MLTR.NGM :
    * MELTRON AB (PUBL) MAKES A NEW ISSUE WITH PRIORITY FOR
CURRENT
SHAREHOLDERS - THE ISSUE IS GUARANTEED IN FULL
    * RECEIVED PRE-SUBSCRIPTION COMMITMENTS OF APPROX. 1,6 MSEK
FROM
BOARD, MANAGEMENT AND MAIN SHAREHOLDERS
    * ISSUE IS FULLY SECURED UP TO APPROXIMATELY 25 MSEK THROUGH
GUARANTEE COMMITMENTS AND PRE-SUBSCRIPTIONS
    * MAKE AN ISSUE OF NEW SHARES WITH PRIORITY FOR CURRENT
SHAREHOLDERS OF APPROXIMATELY 25 MSEK BEFORE COSTS OF ISSUE
    * WILL RECEIVE NET PROCEEDS OF APPROX. 22,2 MSEK AFTER COSTS
FOR
ISSUE OF APPROX. 2,6 MSEK.
    * NET PROCEEDS OF PRIORITY ISSUE WILL STRENGTHEN COMPANY'S
FINANCIAL SITUATION
    * BOARD MAY HAVE OPPORTUNITY TO ISSUE FURTHER SHARES ON SAME
TERMS
IN A DIRECTED ISSUE UP TO APPROX. 4 MSEK
    * SUBSCRIPTION PRICE IS 0,25 SEK/SHARE
    * SUBSCRIPTION PERIOD IS 28 SEPTBER - 13 OCTOBER 2020

Source text for Eikon:  ID:nBQN2QxmWK 
Further company coverage:  MLTR.NGM 

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