Brief: Modelon Rights Issue Oversubscribed

Modelon AB (publ)

04/07/2024 14:51

July 4 (Reuters) - Modelon AB (publ)  MODELb.ST :
    * MODELON’S RIGHTS ISSUE OVERSUBSCRIBED
    * 4,960,333 B-SHARES, CORRESPONDING TO ABOUT 90.1% OF RIGHTS
ISSUE, HAVE BEEN SUBSCRIBED FOR WITH SUPPORT OF SUBSCRIPTION
RIGHTS
    * RIGHTS ISSUE WILL PROVIDE CO WITH PROCEEDS OF SEK 50.1
MILLION
    * THROUGH OVER-ALLOTMENT, CO WILL RECEIVE ADDITIONAL SEK 6.4
MILLION

Source text for Eikon:  ID:nMFNblLl4k 
Further company coverage:  MODELb.ST 

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