Brief: Swedencare Completes Directed Issue Of SEK 1.15 Bln To Finance Vetio Acquisition

Swedencare AB (publ)

29/06/2021 06:49

June 29 (Reuters) - Swedencare AB  SECARE.ST :
    * SAID ON MONDAY BOARD RESOLVED ON NEW SHARE ISSUE OF
11,954,200
SHARES, CORRESPONDING TO ABOUT SEK 1.15 BLN
    * SUBSCRIPTION PRICE IN THE DIRECTED NEW SHARE ISSUE WAS SET
TO
SEK 96.20 PER SHARE
    * ISSUE WAS SUBSCRIBED WITH 50% BY THE GERMAN PUBLIC COMPANY
SYMRISE AG AND A SWEDISH FINANCIAL INVESTOR BY 50%
    * PROCEEDS WILL BE USED TO PARTIALLY FINANCE THE ACQUISITION
OF
THE US CDMO-GROUP VETIO

    
    
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