Adds details in bullets 3-5
May 20 (Reuters) - Rottneros AB RROS.ST:
RESOLVES ON SEK 300 MILLION RIGHTS ISSUE
SUBSCRIPTION PRICE SET AT SEK 2.65 PER SHARE
ISSUE TO REDUCE LEVERAGE RATIO THROUGH PARTIAL REPAYMENT OF
THE COMPANY’S LOANS, TO STRENGTHEN FINANCIAL POSITION
NON-PARTICIPATING SHAREHOLDERS FACE 42.9% DILUTION
LARGEST SHAREHOLDER ARCTIC PAPER HAS COMMITTED TO UNDERWRITE THE REMAINING PART OF THE RIGHTS ISSUE NOT COVERED BY THE SUBSCRIPTION COMMITMENT ON CERTAIN CONDITIONS
Source text: ID:nWkr2F22qT
Further company coverage: RROS.ST
(Gdansk Newsroom)
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