Brief: Polight Announces Update On Underwritten Rights Issue
March 20 (Reuters) - Polight ASA PLT.OL :
* CONTEMPLATED UNDERWRITTEN RIGHTS ISSUE - NOTICE OF
EXTRAORDINARY
GENERAL MEETING
* POLIGHT - RESOLVED TO PROPOSE THAT COMPANY CARRIES OUT A
SHARE
CAPITAL INCREASE, BY WAY OF A PARTIALLY UNDERWRITTEN RIGHTS
ISSUE, TO RAISE GROSS PROCEEDS OF UP TO NOK 135 MILLION
* NET PROCEEDS FROM RIGHTS ISSUE WILL BE USED TO FINANCE
COMPANY'S
GROWTH PLAN
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Further company coverage: PLT.OL
((Reuters.Briefs@thomsonreuters.com;))
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