Brief: Swedish Stirling To Carry Out Rights Issue

Swedish Stirling AB

09/11/2022 06:37

Nov 9 (Reuters) - Swedish Stirling AB  STRLNG.ST :
    * SWEDISH STIRLING INTENDS TO CARRY OUT A RIGHTS ISSUE OF
APPROXIMATELY SEK 200 MILLION
    * ANNOUNCES ITS INTENTION TO CARRY OUT A SHARE ISSUE OF
ORDINARY
SHARES OF APPROXIMATELY SEK 200M BEFORE TRANSACTION COSTS, WITH
PREFERENTIAL RIGHT FOR COMPANY'S EXISTING SHAREHOLDERS
    * NET PROCEEDS FROM RIGHTS ISSUE OF NOT MORE THAN
APPROXIMATELY
SEK 173M WILL MAINLY BE USED TO FINANCE SERIAL PRODUCTION AND
COMMERCIAL ROLLOUT OF PWR BLOK
    * SUBSCRIPTION PERIOD IN RIGHTS ISSUE IS EXPECTED TO RUN
FROM AND
INCLUDING 7 DECEMBER 2022 UP TO AND INCLUDING 21 DECEMBER 2022

Source text for Eikon:  ID:nWkr9PZFQj 
Further company coverage:  STRLNG.ST 
 (Gdansk Newsroom)
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