Brief: Media And Games Invest Intends To Carry Out Private Placement

Mgi Media and Games Invest Se

29/09/2020 08:36

Sept 29 (Reuters) - MEDIA AND GAMES INVEST PLC  M8G.DE :
    * ANNOUNCES ITS INTENTION TO CARRY OUT A PRIVATE PLACEMENT
AND
APPLIES FOR SECONDARY LISTING ON NASDAQ FIRST NORTH PREMIER
GROWTH MARKET IN STOCKHOLM
    * INTENTION TO UNDERTAKE A DIRECTED SHARE ISSUE OF APPROX.
SEK 250
MILLION THROUGH AN ACCELERATED BOOK-BUILDING PROCEDURE
    * PRIVATE PLACEMENT IS INTENDED TO BE CARRIED OUT WITH
DEVIATION
FROM SHAREHOLDERS' PREFERENTIAL RIGHT IN ACCORDANCE WITH
AUTHORIZATION GRANTED BY EGM ON 25 JULY 2019
    * COMPANY RETAINS RIGHT TO INCREASE SIZE OF PRIVATE
PLACEMENT UP
TO APPROX. SEK 300 MILLION AT ITS OWN DISCRETION BASED ON PRICE
AND DEMAND
    * BOOK-BUILDING BEGINS ON 29 SEPTEMBER 2020 AT 09:30 HOURS
(CEST)
AND IS EXPECTED TO CLOSE ON 30 SEPTEMBER 2020 AT 08:00 HOURS
(CEST)
APPLICATION FOR SECONDARY LISTING ON NASDAQ FIRST NORTH PREMIER
GROWTH MARKET IN STOCKHOLM
    * IF LISTING APPLICATION IS APPROVED BY NASDAQ, COMPANY'S
SHARES
ARE EXPECTED TO TRADE ON NASDAQ FIRST NORTH PREMIER GROWTH
MARKET IN STOCKHOLM UNDER TICKER SYMBOL "M8G" STARTING ON OR
ABOUT 6 OCTOBER 2020

Source text for Eikon:  ID:nEQ8YNnkQa 
Further company coverage:  M8G.DE 

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