Brief: Eurocine Vaccines Decides On Directed Issue And Bridge Loan

Nidhogg Resources Holding AB (publ)

15/10/2019 13:23

Oct 15 (Reuters) - Eurocine Vaccines AB  EUCI.TE :
    * SAID ON MONDAY DECIDED TO ISSUE SHARES OF ABOUT SEK 2.4
MLN TO
TWO INVESTORS
    * DECIDED TO TAKE BRIDGE LOAN OF ABOUT SEK 2.0 MLN
    * IN TOTAL DIRECTED ISSUE AND BRIDGE LOAN CORRESPOND TO
CAPITAL
INJECTION OF SEK 4.4 MLN BEFORE ISSUE COSTS
    * PURPOSE OF THIS CAPITALIZATION, AND REASON FOR DEVIATION
FROM
SHAREHOLDERS' PREFERENTIAL RIGHTS, IS TO PROVIDE CO WITH WORKING
CAPITAL IN COST-OPTIMAL AND FLEXIBLE MANNER
    * IN CONNECTION WITH CAPITALIZATION, CO'S BOD AND MAJORITY
SHAREHOLDER VISMEDERI SRL ENTER INTO LOCK-UP AGREEMENT REGARDING
100% OF THEIR RESPECTIVE HOLDINGS

    
 Source text for Eikon:  ID:nWkr702KFv 
    
 Further company coverage:  EUCI.TE  
   


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