Brief: News55 Plans Rights Issue Of SEK 3.2 Million

Relevance Communication Nordic AB

11/10/2018 07:28

Oct 11 (Reuters) - News55 AB  N55.NGM :
    * SAID ON WEDNESDAY PLANS NEW SHARE ISSUE OF SEK 3.2 MILLION
    * PLANS RIGHTS ISSUE OF ABOUT 2.5 MILLION SHARES AT SEK 1.3
PER
SHARE
    * WILL USE PROCEEDS TO STRENGTHEN CO'S FINANCIAL POSITION
AND
FINALISE REORGANIZATION
    * DILUTION EFFECT TO BE 50 PCT

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr6kKxlS
    
 Further company coverage:  N55.NGM  
   


 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))