Brief: SRV Group Rights Issue Oversubscribed

SRV Yhtiot Oyj

23/06/2022 12:29

June 23 (Reuters) - SRV Yhtiot Oyj  SRV1V.HE :
    * PRELIMINARY RESULTS OF SRV GROUP PLC'S SUCCESSFUL RIGHTS
ISSUE
AND DIRECTED SHARE ISSUE
    * ACCORDING TO PRELIMINARY RESULTS OF OFFERING, A TOTAL OF
373,168,967 OFFER SHARES WERE SUBSCRIBED FOR IN OFFERING
    * OFFERING WAS THUS OVERSUBSCRIBED
    * WILL RECEIVE GROSS PROCEEDS OF APPROXIMATELY EUR 34.8
MILLION
FROM OFFERING, WHICH WILL BE USED TO STRENGTHEN SRV'S BALANCE
SHEET PRIMARILY BY REDEEMING ITS OUTSTANDING SENIOR BONDS

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

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