Brief: Urb-it Carries Out Directed Share Issue Of About SEK 80 Mln

Urb-it AB (publ)

28/10/2021 09:46

Oct 28 (Reuters) - Urb-it AB (publ)  URBIT.ST :
    * SAID ON WEDNESDAY RESOLVED ON A DIRECTED ISSUE OF
18.650,000
SHARES AT A PRICE OF SEK 4.30 PER SHARE
    * THE COMPANY RAISES APPROXIMATELY SEK 80 MILLION BEFORE
TRANSACTION RELATED COSTS THROUGH THE SHARE ISSUE
    * ISSUE WAS PRIMARILY DIRECTED TO LIMITED NUMBER OF
INSTITUTIONAL
INVESTORS, INCLUDING SKANDIA AND ILIJA BATLJAN INVEST AB
    * SHARE ISSUE WILL ENTAIL DILUTION OF ABOUT 8.8% FOR
EXISTING
SHAREHOLDERS 

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQN2zFKr1
    
 Further company coverage:  URBIT.ST  

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