Brief: Seamless Distribution Systems: Board Of Directors Resolves On Directed Issue

Seamless Distribution Systems AB

17/09/2020 07:25

Sept 17 (Reuters) - Seamless Distribution Systems
 SDSY.ST :
    * SAID ON WEDNESDAY THAT IT RESOLVED ON A DIRECTED ISSUE OF
SHARES
TO THE PUBLIC IN SWEDEN OF NO MORE THAN 2.5 MEUR, CORRESPONDING
TO APPROXIMATELY 26.5 MSEK
    * THE SUBSCRIPTION PRICE FOR THE SHARES IN THE OFFERING
SHALL BE
EQUAL TO THE VOLUME WEIGHTED AVERAGE PRICE FOR THE SHARE ON
NASDAQ FIRST NORTH PREMIER DURING THE APPLICATION PERIOD WITH A
DISCOUNT OF 10 PERCENT
    * THE OFFERING COMPRISE NO MORE THAN 750,000 NEW SHARES AND
IS
DIRECTED TO THE PUBLIC IN SWEDEN
    * THE PURPOSE OF THE OFFERING IS TO GET A WIDER DISTRIBUTION
OF
THE OWNERSHIP OF THE COMPANY'S SHARES TO CREATE PREREQUISITES
FOR A MORE LIQUID TRADING IN THE SHARE

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQN3678S5
    
 Further company coverage:  SDSY.ST  
   


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