Brief: Board Of Vertiseit Proposes Share Issue Of SEK 100 Mln

Vertiseit AB (publ)

04/10/2021 06:33

Oct 4 (Reuters) - Vertiseit AB (publ)  VERTb.ST :
    * THE BOARD OF VERTISEIT PROPOSES A SHARE ISSUE OF SEK 100
MILLION
TO STRENGTHEN THE OWNERSHIP BASE AND ACCELERATE GLOBAL GROWTH
    * RESOLVES ON A DIRECTED SHARE ISSUE OF A TOTAL OF 4,166,667
CLASS
B SHARES
    * SUBSCRIPTION PRICE FOR SHARES IN SHARE ISSUE IS PROPOSED
TO
AMOUNT TO SEK 24 PER CLASS B SHARE
    * NET PROCEEDS ARE INTENDED TO BE USED TO ACCELERATE
COMPANY'S
INTERNATIONAL GROWTH STRATEGY
    * ISSUE ENTAILS A DILUTION FOR EXISTING SHAREHOLDERS OF 22
PERCENT
    * SUBSCRIPTION PRICE HAS BEEN DETERMINED THROUGH A
BOOK-BUILDING
PROCEDURE
    * SHARE ISSUE IS DIRECTED TO SEVERAL INSTITUTIONAL AND
PROFESSIONAL INVESTORS

Source text for Eikon:  ID:nMFN5z1MSB 
Further company coverage:  VERTb.ST 

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