Brief: Nexcom Secures Capital For Continued Growth, Revises 2022 Outlook

Nexcom A/S

02/08/2022 10:02

Aug 2 (Reuters) - Nexcom A/S  NEXCOM.CO :
    * SECURES CAPITAL STRUCTURE FOR CONTINUED GROWTH
    * DIRECT ISSUE IS GUARANTEED 100% AT NO COST TO NEXCOM
    * WILL RECEIVE GROSS PROCEEDS OF DKK 6.000.000 AND NET
PROCEEDS OF
APPROXIMATELY DKK 5.5 MILLION, ISSUE 2,000,000 SHARES, AND
INCREASE SHARE CAPITAL WITH DKK 1,000,000
    * STRATEGIC INVESTMENTS, AND PG DEVELOPMENT - BOTH CURRENT
SHAREHOLDERS IN NEXCOM - HAVE TOGETHER SUBSCRIBED FOR 1.000.000
NEW SHARES IN NEXCOM
    * IN TOTAL NEXCOM WILL ISSUE 3,1666,664 SHARES IN CONNECTION
WITH
DIRECT SHARE ISSUES AND LOAN CONVERSIONS
    * STRATEGIC INVESTMENTS, AND PG DEVELOPMENT HAVE TOGETHER
SUBSCRIBED FOR AMOUNT OF DKK 3,000,000 IN DIRECT SHARE ISSUE AT
SHARE PRICE OF DKK 3.0
    * ADAPTED STRATEGY INCLUDES ANNUALISED COST REDUCTIONS OF
ABOUT
DKK 10 MILLION, AND FINANCIAL OUTLOOK FOR 2022 IS REVISED
    * FINANCIAL OUTLOOK FOR 2022 IS REVISED: TURNOVER FROM DKK
19.5 TO
22.5 MILLION TO DKK 14 TO 17 MILLION AND DESPITE CHANGES TO
REVENUE OUTLOOK, EBITDA OUTLOOK REMAINS BETWEEN DKK -5.7 TO -7.7
MILLION, DUE TO COST SAVING INITIATIVES

Source text for Eikon:  ID:nWkr7HtyGr 
Further company coverage:  NEXCOM.CO 

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