Brief: Q-Linea Resolves On Underwritten Rights Issue

Q Linea AB

02/06/2023 08:51

June 2 (Reuters) - Q-Linea  QLINEA.ST :
    * SAID ON THURSDAY IT RESOLVES ON UNDERWRITTEN RIGHTS ISSUE
OF
ABOUT SEK 263 MLN
    * SUBSCRIPTION PRICE SEK 3 PER SHARE 
    * LARGEST SHAREHOLDER NEXTTOBE PROVIDED COMBINED
SUBSCRIPTION
UNDERTAKING AND GUARANTEE COMMITMENT OF SEK 200 MLN
    * NEXTTOBE'S COMMITMENT TO IN PART SET-OFF AMOUNT PAID
ACCORDING
TO THE PREVIOUSLY COMMUNICATED LOAN FACILITY ENCOMPASSING SEK
200 MLN 
    * RIGHTS ISSUE 99% COVERED BY SUBSCRIPTION UNDERTAKINGS,
GUARANTEE
COMMITMENTS
    * PURPOSE OF ISSUE IS BUILDING SALES FORCE IN KEY
GEOGRAPHIES,
ENTERING AGREEMENTS WITH DISTRIBUTORS TO INCREASE MARKETING
REACH OF ASTAR, FINANCE REGULATORY STUDIES FOR ASTAR

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN5xNbxh
 Further company coverage:  QLINEA.ST  

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