Brief: Ovzon Raises About SEK 200 Mln Through Directed Share Issue

Ovzon AB (publ)

07/02/2023 07:44

Feb 7 (Reuters) - Ovzon AB (publ)  OVZON.ST :
    * SAID ON MONDAY COMPLETED DIRECTED ISSUE OF 4,494,382
SHARES
RAISING ABOUT SEK 200 MLN BEFORE DEDUCTION OF COSTS ATTRIBUTABLE
TO ISSUE
    * DIRECTED SHARE ISSUE ENTAILS DILUTION EFFECT OF ABOUT 8.1%
OF
NUMBER OF SHARES AND VOTES IN COMPANY
    * INTENDS TO USE PROCEEDS FROM DIRECTED SHARE ISSUE TO
FINANCE
INCREASED PROJECT COSTS DUE TO ADDITIONAL DELAY OF OVZON 3
SATELLITE, AND STRENGTHEN FINANCIAL POSITION

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkrbKhQDH
 Further company coverage:  OVZON.ST  
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