Brief: Tradedoubler Resolves On SEK 50.5 Mln Rights Issue

Nyorda AB

04/09/2024 06:45

Sept 4 (Reuters) - Tradedoubler AB (publ)  TRAD.ST :
    * SAID ON TUESDAY BOARD OF TRADEDOUBLER HAS RESOLVED TO
LAUNCH A
RIGHTS ISSUE
    * RIGHTS ISSUE OF ABOUT SEK 50.5 MILLION, BEFORE ISSUE COSTS
    * SUBSCRIPTION PRICE AMOUNTS TO SEK 3.30 PER NEW ORDINARY
SHARE
    * 3 SUBSCRIPTION RIGHTS ENTITLE TO SUBSCRIPTION FOR 1 NEW
ORDINARY
SHARE
    * SUBSCRIPTION PERIOD WILL RUN FROM 12 SEPTEMBER 2024 UP TO
AND
INCLUDING 26 SEPTEMBER 2024
    * MAIN PURPOSES OF THE ISSUE ARE TO FINANCE THE COMPANY'S
REPAYMENT OF LOAN TO ITS MAIN SHAREHOLDER AS WELL AS FUNDING A
FUTURE EARN-OUT PAYMENT RELATING TO THE ACQUISITION OF KAHA GMBH

        
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