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ORTIN Ortelius International AB (publ) News Story

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Brief: Ortelius Resolves On Directed Share Issue To Settle SEK 3.4 Mln Debt

BRIEF-Ortelius Resolves On Directed Share Issue To Settle SEK 3.4 Mln Debt

- Ortelius International AB (publ) ORTIN.ST:

  • SAID ON MONDAY RESOLVES ON DIRECTED SET-OFF ISSUE OF 18,630,584 SHARES

  • TO SETTLE SEK 3,353,506 OF OUTSTANDING DEBT TO FIVE CREDITORS VIA ISSUE

  • SETS SUBSCRIPTION PRICE AT SEK 0.18 PER SHARE

  • SAYS SHARE ISSUE TO RESULT IN DILUTION EFFECT OF 14.9 PERCENT

  • TOTAL NUMBER OF SHARES TO INCREASE TO 125,057,010 AFTER COMPLETION OF ISSUE




Source text for Workspace: nMFN26ZPKZ
Further company coverage: ORTIN.ST


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