Brief: TagMaster proposes rights issue of about SEK 36.9 mln
23/03/2017 07:30
March 23 (Reuters) - TagMaster AB TAGMb.ST :
* Board proposes a rights issue of about 36.9 million
Swedish crowns ($4.20 million)
* Shareholders of TagMaster have right to subscribe for one
(1) new class B share per five (5) existing shares; subscription
ratio 1:5
* Subscription price in rights issue is 1.10 crown per share
* Rights issue is about 74% guaranteed through subscription
commitments from existing shareholders, board and management and
guarantee commitments
Source text for Eikon: ID:nWkr3c1QMK
Further company coverage: TAGMb.ST
($1 = 8.7913 Swedish crowns)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))