Brief: Paxman Gets About SEK 59 Mln Before Transaction Costs In Directed Issue

Paxman AB (publ)

03/02/2021 08:55

Feb 3 (Reuters) - Paxman  PAX.ST :
    * SAID ON TUESDAY CARRIES OUT A DIRECTED ISSUE OF 1,600,000
SHARES
AND HEREBY RECEIVES APPROXIMATELY SEK 59 MILLION
    * SUBSCRIPTION PRICE OF SEK 36.60 PER SHARE
    * THROUGH THE SHARE ISSUE, THE COMPANY RECEIVES
APPROXIMATELY SEK
59 MILLION BEFORE TRANSACTION COSTS
    * INTENDS TO USE THE NET PROCEEDS FROM THE SHARE ISSUE TO
STRENGTHEN ITS FINANCIAL POSITION AND CONTINUE TO EXECUTE ON THE
COMPANY’S COMMERCIALISATION STRATEGY

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFNchgtC8
    
 Further company coverage:  PAX.ST  
   


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