Brief: Serneke Rights Issue Oversubscribed

SERNEKE AB (publ)

18/01/2021 06:35

Jan 18 (Reuters) - SERNEKE Group AB (publ)  SRNKEb.ST :
    * SERNEKE'S RIGHTS ISSUE OVERSUBSCRIBED
    * ANNOUNCES THAT COMPANY'S SUBSCRIPTION RATIO IN RIGHTS
ISSUE
AMOUNTS TO 187 PER CENT
    * SUBSCRIPTION PERIOD FOR RIGHTS ISSUE ENDED ON 13 JANUARY
2021.
    * RIGHTS ISSUE IS THEREFORE FULLY SUBSCRIBED AND SERNEKE
WILL
RECEIVE PROCEEDS AMOUNTING TO APPROXIMATELY SEK 170 MILLION
BEFORE TRANSACTION COSTS.
    * CO WILL RECEIVE PROCEEDS AMOUNTING TO AROUND SEK 170
MILLION
BEFORE TRANSACTION COSTS
    * FINAL DAY FOR TRADING IN PAID SUBSCRIBED SHARES (BTA) ARE
EXPECTED TO TAKE PLACE DURING WEEK 4, 2021.
    * NEW SHARES ARE EXPECTED TO START TRADING ON NASDAQ
STOCKHOLM
DURING WEEK 4, 2021

Source text for Eikon:  ID:nWkr64dVxN 
Further company coverage:  SRNKEb.ST 

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