Brief: SRV BoD Resolves On Rights Issue

SRV Yhtiot Oyj

31/05/2022 11:23

May 31 (Reuters) - SRV Yhtiot Oyj  SRV1V.HE :
    * SRV GROUP PLC'S BOARD OF DIRECTORS RESOLVED ON A RIGHTS
ISSUE
AND PUBLISHES THE TERMS AND CONDITIONS OF THE RIGHTS ISSUE
    * AIMS TO RAISE GROSS PROCEEDS OF APPROXIMATELY UP TO EUR
34.8
MILLION BY OFFERING UP TO 348,056,400 OFFER SHARES FOR
SUBSCRIPTION IN OFFERING
    * SUBSCRIPTION PRICE FOR EACH OFFER SHARE IS EUR 0.10
    * SUBSCRIPTION PERIOD FOR OFFER SHARES WILL COMMENCE ON 7
JUNE
2022 AT 9:30 AM FINNISH TIME AND END ON 21 JUNE 2022 AT 4:00 PM
FINNISH TIME
    * PURPOSE OF OFFERING IS TO IMPROVE SRV'S BALANCE SHEET,
LIQUIDITY
AND FINANCIAL POSITION

Source text for Eikon:  ID:nWkr5pVSf 
Further company coverage:  SRV1V.HE 

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