Brief: Svedbergs Rights Issue Is Fully Subscribed

Svedbergs AB

25/01/2024 15:24

Jan 25 (Reuters) - Svedbergs Group AB  SVEDb.ST :
    * SVEDBERGS GROUP PUBLISHED THE FINAL OUTCOME OF THE RIGHTS
ISSUE
    * 17,501,718 SHARES, CORRESPONDING TO APPROXIMATELY 99.1 PER
CENT
OF OFFERED SHARES IN RIGHTS ISSUE, WERE SUBSCRIBED FOR
    * REMAINING 152,980 SHARES HAVE BEEN ALLOTTED TO THOSE WHO
HAVE
SUBSCRIBED FOR SHARES WITHOUT EXERCISE OF SUBSCRIPTION RIGHTS
    * RIGHTS ISSUE IS THEREFORE FULLY SUBSCRIBED AND SVEDBERGS
GROUP
WILL RECEIVE PROCEEDS OF APPROXIMATELY SEK 406 MILLION, BEFORE
DEDUCTION OF ISSUE COSTS
    * WILL BE USED IN ITS ENTIRETY TO REPAY PART OF SVEDBERGS
GROUP'S
BRIDGE LOAN FACILITY OF SEK 550 MILLION
    * NET ISSUE PROCEEDS, NET AFTER DEDUCTION OF ISSUE COSTS, OF
ABOUT
SEK 390 MILLION

Source text for Eikon:  ID:nMFN2k8bLH 
Further company coverage:  SVEDb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))