Brief: SRV Group To Carry Out Rights Issue Of Up To About EUR 50 Mln

SRV Yhtiot Oyj

22/05/2020 11:08

May 22 (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
    * RIGHTS ISSUE OF APPROXIMATELY UP TO EUR 50 MILLION FOR
SRV'S
EXISTING SHAREHOLDERS
    * SRV AIMS TO RAISE GROSS PROCEEDS OF APPROXIMATELY UP TO
EUR 50
MILLION BY OFFERING UP TO 131,049,371 OFFER SHARES FOR
SUBSCRIPTION IN OFFERING
    * SUBSCRIPTION PRICE OF EUR 0.38 PER OFFER SHARE
    * SUBSCRIPTION PERIOD FOR OFFER SHARES WILL COMMENCE ON 29
MAY
2020 AT 9:30 AM FINNISH TIME AND END ON 12 JUNE 2020 AT 4:30 PM
FINNISH TIME

Source text for Eikon:  ID:nWkr7gDBWN 
Further company coverage:  SRV1V.HE 

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