Brief: Serstech's Rights Issue Is Subscribed To 152%, Co Completes Over-Allotment Issue

Serstech AB

05/01/2023 14:57

Jan 5 (Reuters) - Serstech AB  SERT.ST :
    * RIGHTS ISSUE SUBSCRIBED TO 152%, CO COMPLETES
OVER-ALLOTMENT
ISSUE
    * AS RESULT OF HIGH SUBSCRIPTION RATE, CO IS ALSO CARRYING
OUT
PREVIOUSLY ANNOUNCED OVER-ALLOTMENT ISSUE OF ABOUT SEK 1.1
MILLION
    * TWO ISSUES WILL RAISE TOTAL OF ABOUT SEK 24.6 MILLION
BEFORE
DEDUCTION OF ISSUE COSTS
    * SINCE RIGHTS ISSUE WAS SUBSCRIBED TO 152%, GUARANTEE
AGREEMENTS
ENTERED INTO WILL NOT BE CALLED UPON

Source text for Eikon:  ID:nGNEcgLgm0 
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