Brief: SRV Group Says Offering For Rights Issue was oversubscribed

SRV Yhtiot Oyj

17/06/2020 19:26

June 17 (Reuters) - SRV Yhtiot Oyj  SRV1V.HE :
    * FINAL RESULTS OF SRV GROUP PLC'S SUCCESSFUL RIGHTS ISSUE
    * SRV YHTIOT OYJ - TOTAL OF 141,386,439 OFFER SHARES WERE
SUBSCRIBED FOR IN OFFERING, CORRESPONDING TO ABOUT 107.9 % OF
131,049,371 OFFER SHARES
    * SRV YHTIOT OYJ - SUBSCRIPTION PRICE IN OFFERING WAS EUR
0.38 PER
OFFER SHARE
    * SRV YHTIOT OYJ - RECEIVED GROSS PROCEEDS OF APPROXIMATELY
EUR 50
MILLION FROM OFFERING
    * SRV YHTIOT OYJ - TRADING IN OFFER SHARES IS EXPECTED TO
COMMENCE
ON NASDAQ HELSINKI ON OR ABOUT 22 JUNE

Source text for Eikon:  ID:nWkr8C4zFY 
Further company coverage:  SRV1V.HE 

 ((Reuters.Briefs@thomsonreuters.com;))