May 13 (Reuters) - S2Medical AB (publ) S2ME.ST:
SAID ON TUESDAY RECEIVED PROPOSAL FROM SIVLERSKOG GROUP REGARDING DIRECTED ISSUE OF SHARES TO SIVLERSKOG GROUP AND THAT BOD PROPOSES A RIGHTS ISSUE OF A-SHARES AND B-SHARES
SIVLERSKOG GROUP PROPOSES THAT AGM RESOLVES ON DIRECTED ISSUE OF A MAXIMUM OF 30 MLN A SHARES TO SIVLERSKOG GROUP
SUBSCRIPTION PRICE IN DIRECTED ISSUE IS PROPOSED TO CORRESPOND TO VWAP FOR COMPANY'S B SHARES DURING TWENTY TRADING DAYS IMMEDIATELY PRIOR TO RESOLUTION OF AGM, HOWEVER, NOT LESS THAN THE SHARE'S QUOTA VALUE
SUBSCRIPTION PRICE IN RIGHTS ISSUE IS PROPOSED TO AMOUNT TO SEK 0.003 PER NEW A SHARE RESPECTIVELY NEW B SHARE
COMPANY TO RECEIVE ABOUT SEK 2.9 MILLION BEFORE ISSUE COSTS THROUGH THE RIGHTS ISSUE
Source text: nMFNbyjCgf
Further company coverage: S2ME.ST
(Gdansk Newsroom)
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