Brief: Move About Decides On Issue Of Units

Move About AB

23/01/2023 15:56

Jan 23 (Reuters) - Move About Group AB  MOVEA.ST :
    * DECIDED TO ISSUE MAXIMUM OF 27,011,983 UNITS, COMPRISING
SHARES,
WARRANTS OF SERIES TO2, WITH PREFERENTIAL RIGHTS FOR EXISTING
SHAREHOLDERS
    * EACH UNIT CONTAINS TWO (2) SHARES AND ONE (1) WARRANT OF
SERIES
TO2
    * SUBSCRIPTION PRICE AMOUNTS TO SEK 1.30 PER UNIT,
CORRESPONDING
TO SEK 0.65 PER SHARE
    * SUBSCRIPTION OF UNITS SHALL TAKE PLACE DURING PERIOD FROM
1
FEBRUARY 2023 UP TO AND INCLUDING 15 FEBRUARY 2023
    * WARRANTS OF SERIES TO2 MAY BE EXERCISED FOR SUBSCRIPTION
OF NEW
SHARES DURING PERIOD FROM 4 SEPTEMBER 2023 TO 15 SEPTEMBER 2023
    * DECIDED TO ISSUE MAXIMUM OF 9,429,331 UNITS, CONSISTING OF
SHARES, WARRANTS OF SERIES TO2 WITH PAYMENT BY SET-OFF
    * SUBSCRIPTION PRICE IN SET-OFF ISSUE IS SEK 1.30 PER UNIT,
CORRESPONDING TO SEK 0.65 PER SHARE
    * RIGHT TO SUBSCRIBE FOR UNITS IN OFFSET ISSUE WAS BE
GRANTED TO
HOLDERS OF CONVERTIBLE DEBENTURES AND LENDERS OF CO
    * CO THEREBY REDUCES OUTSTANDING LOANS BY ABOUT SEK 12.3
MILLION

Source text for Eikon:  ID:nBQN2jLyk6 
Further company coverage:  MOVEA.ST 
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