Brief: Nord Insuretech Converts SEK 8.1 Mln Debt to Shares

Nord Insuretech AB

04/11/2022 07:10

Nov 4 (Reuters) - Nord Insuretech Group AB  NORDIG.ST :
    * SAID ON THURSDAY BOARD DECIDED THAT OUTSTANDING DEBT
CORRESPONDING TO ABOUT SEK 8.1 MILLION, WILL BE NEGOTIATED FOR
CONVERSION TO SHARES IN NORD INSURETECH GROUP
    * THIS IS DONE AT A WEIGHTED AVERAGE SHARE PRICE DURING THE
10
TRADING DAYS PRECEDING THE WEEK OF THE DECISION, OF SEK 0.60
    * ALL CREDITORS HAVE, ON NOVEMBER 3, SIGNED THIS AGREEMENT
    * LARGEST SHAREHOLDERS ALSO AGREED ON NOVEMBER 3 TO VOTE FOR
THE
AGREEMENT AT THE NEXT GENERAL MEETING

        
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