March 18 (Reuters) - Seamless Distribution Systems AB SDSY.ST :
* WILL RECEIVE SEK 20 MILLION THROUGH A DIRECTED SHARE ISSUE
* PRIVATE PLACEMENT OF 540,541 SHARES AT A SHARE PRICE OF SEK 37 GIVES A TOTAL SUBSCRIPTION
PAYMENT OF APPROXIMATELY SEK 20 MILLION
* SHARE ISSUE PRICE IS SEK 37, WHICH IS BASED ON VOLUME-WEIGHTED AVERAGE PRICE DURING LAST
10
TRADING DAYS
* SUBSCRIPTION PRICE HAS BEEN BASED ON VOLUME-WEIGHTED AVERAGE PRICE DURING LAST 10 TRADING
DAYS
* DIRECTED SHARE ISSUE TAKES PLACE IN A COST- AND TIME-EFFICIENT MANNER
* ISSUE WOULD CONTRIBUTE TO CREATING VALUE FOR ALL COMPANY'S SHAREHOLDERS
Source text for Eikon: ID:nBQN8nmjZh
Further company coverage: SDSY.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))