Brief: Star Vault decides on rights issue

Star Vault AB

22/08/2016 14:13

Aug 22 (Reuters) - Star Vault AB  STVAb.ST : 
    * Says has decided to carry out a rights issue of up to 19,149,819 Class B shares, 
corresponding to 5,170,451 Swedish crowns ($617,116.75) before issue expenses in order to 
strengthen the company's future development 
    * Subscription period runs from September 1 to September 15, 2016 
    * Subscription price is 0.27 crown per B share 
    * For every five existing shares, regardless of class, the holder receives two subscription 
rights  
    * One such subscription right entitles to subscribe for one new B share 
 
     
 Source text: http://bit.ly/2bbR7wI 
     
 Further company coverage:  STVAb.ST   
    
 
($1 = 8.3784 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))