Brief: Precise Biometrics Resolves On Fully Secured Rights Issue

Precise Biometrics AB

04/04/2023 07:17

April 4 (Reuters) - Precise Biometrics AB  PREC.ST :
    * SAID ON MONDAY RESOLVES ON FULLY SECURED RIGHTS ISSUE OF
ABOUT
SEK 50 MILLION
    * RIGHTS ISSUE CONTINGENT UPON APPROVAL AT AGM ON MAY 10
    * 3 EXISTING ORDINARY SHARES IN CO ENTITLE TO SUBSCRIBE FOR
2 NEW
ORDINARY SHARES TO SUBSCRIPTION PRICE OF SEK 1.6 PER ORDINARY
SHARE
    * RIGHTS ISSUE IS SECURED UP TO 100 PERCENT THROUGH
SUBSCRIPTION
COMMITMENTS, UNDERWRITING AGREEMENTS
    * MAIDA VALE CAPITAL AB HAS ENTERED TOP UNDERWRITING
AGREEMENT
CORRESPONDING TO 20% OF RIGHTS ISSUE
    * SUBSCRIPTION PERIOD RUNS DURING MAY 15 – 29, 2023
    * DUE TO RIGHTS ISSUE, CO DECIDES TO ADVANCE Q1 REPORT 2023
TO MAY
9, 2023 AND ADVANCE AGM TO MAY 10, 2023

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFNbg6XNK
 Further company coverage:  PREC.ST  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))