June 1 (Reuters) - PolyPlank AB (publ) POLY.ST :
* BOD DECIDES TO CARRY OUT RIGHTS ISSUE OF 12 MSEK, TAKES UP
BRIDGE LOAN
* GIVEN THAT RIGHTS ISSUE IS FULLY SUBSCRIBED, CO WILL
RECEIVE SEK
12 MILLION BEFORE ISSUE COSTS
* SUBSCRIPTION PRICE IN RIGHTS ISSUE SEK 0.05 PER SHARE
* HAS TODAY ALSO ENTERED INTO AGREEMENT ON BRIDGE LOAN OF
SEK 5
MILLION WITH BUNTEL ON MARKET TERMS
* SUBSCRIPTION PRICE AT 49% DISCOUNT COMPARED TO AVERAGE
VOLUME-WEIGHTED SHARE PRICE DURING LAST 15 TRADING DAYS
Source text for Eikon: ID:nGNE8MnNzj
Further company coverage: POLY.ST
(Gdansk Newsroom)
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