Brief: Stenocare Converts DKK 5.0 Mln Of Debt

StenoCare A/S

26/06/2023 16:01

June 26 (Reuters) - Stenocare A/S  STENO.CO :
    * HAVE DECIDED TO EXERCISE PREVIOUSLY PLANNED PARALLEL
DIRECTED
ISSUE IN WHICH 3.1 MDKK OF DEBT IS CONVERTED INTO EQUITY
    * BOARD OF DIRECTORS AND REMAINING LENDERS HAVE AGREED TO
CONVERT
AN ADDITIONAL 1.9 MDKK OF DEBT ON SAME TERMS
    * IMPLIED PRICE PER SHARE IN CONVERSION IS DKK 4.58

Source text for Eikon:  ID:nWkr6GjDT5 
Further company coverage:  STENO.CO 

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