June 16 (Reuters) - Mentice AB MNTC.ST:
ANNOUNCES INTENT FOR STRATEGIC WORKFORCE REALIGNMENT TO ENHANCE FOCUS AND OPERATIONAL EFFICIENCY AND INTENT FOR RIGHTS ISSUE OF MAX 10% OF SHARE CAPITAL
TO SUBMIT NOTICE OF REDUNDANCIES FOR UP TO 18% OF WORKFORCE
REALIGNMENT EXPECTED TO RESULT IN ANNUAL COST SAVINGS OF UP TO 25M SEK
ONE-TIME RESTRUCTURING COST OF 5-12M SEK EXPECTED IN 2025
BOARD INITIATES RIGHTS ISSUE OF UP TO 10% OF SHARE CAPITAL
Source text: ID:nMFN1Hp9sl
Further company coverage: MNTC.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))