Brief: MTI Investment Resolves On Rights Issue Of Units Of About SEK 16.4 Mln

MTI Investment AB (publ)

16/11/2023 07:12

Nov 16(Reuters) - MTI INVESTMENT SE  MTII.ST :
    * SAID ON WEDNESDAY THE BOARD OF DIRECTORS OF MTI INVESTMENT
SE
RESOLVED TO CARRY OUT NEW ISSUE OF UNITS 
    * SUBSCRIPTION PERIOD RUNS DURING PERIOD FROM AND INCLUDING
29
NOVEMBER 2023 UP UNTIL AND INCLUDING 15 DECEMBER 2023
    * IF FULLY SUBSCRIBED, THE RIGHTS ISSUE WILL PROVIDE COMPANY
WITH
ABOUT SEK 16.4 MILLION BEFORE ISSUE COSTS
    * UPON FULL EXERCISE OF ALL WARRANTS OF SERIES TO2, THE
COMPANY
MAY RECEIVE AN ADDITIONAL MAXIMUM OF APPROXIMATELY SEK 19.7
MILLION, BEFORE ISSUE COSTS
    * RIGHTS ISSUE IS COVERED TO APPROXIMATELY 23.6 PERCENT BY
SUBSCRIPTION COMMITMENTS

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQN28WdTh
 Further company coverage:  MTII.ST  

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