Brief: Unibap Exercises Subscription Commitments From Cidro Förvaltning

Unibap Space Solutions AB (publ)

12/06/2023 07:19

June 12 (Reuters) - Unibap AB  UNIBAP.ST :
    * EXERCISES SUBSCRIPTION COMMITMENTS FROM CIDRO FÖRVALTNING
AB
    * CARRIES OUT DIRECTED OFFSET ISSUE OF APPROX. SEK 15.1
MILLION
    * CIDRO'S SHAREHOLDING IN UNIBAP TO INCREASE FROM 19.28% TO
32.23%
    * SUBSCRIPTION PRICE OF SEK 8.02 PER SHARE
    * CO WILL RECEIVE ISSUE PROCEEDS OF ABOUT SEK 15.1 MILLION
    * CIDRO SHAREHOLDING OF >30% TRIGGER MANDATORY BID
OBLIGATION
    * CIDRO INTENDS NOT TO FULFILL ITS BID OBLIGATION BUT TO
SELL DOWN
ITS HOLDING TO LESS THAN 30% IN UNIBAP WITHIN FOUR WEEKS

Source text for Eikon:  ID:nBQN1vwXL3 
Further company coverage:  UNIBAP.ST 

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