Brief: Paxman Carries Out Directed Issue Of SEK 77 Mln

Paxman AB (publ)

17/12/2021 07:59

Dec 17 (Reuters) - Paxman AB  PAX.ST :
    * SAID ON THURSDAY HAS CARRIED OUT DIRECTED SHARE ISSUE OF
1,400,000 SHARES AT SUBSCRIPTION PRICE OF SEK 55 PER SHARE
    * RECEIVES SEK 77 MILLION BEFORE TRANSACTION COSTS
    * INTENDS TO USE NET PROCEEDS FROM ISSUE TO STRENGTHEN ITS
FINANCIAL POSITION AND CONTINUE TO EXECUTE ON ITS
COMMERCIALISATION STRATEGY

 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN9TK6Gr
 Further company coverage:  PAX.ST  

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