Brief: Vestum Completes Directed Share Issue Of About SEK 2 billion

Vestum AB (publ)

08/10/2021 06:35

Oct 8 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * SAID ON THURSDAY RESOLVED ON A DIRECTED SHARE ISSUE OF
21,052,632 NEW SHARES AT A SUBSCRIPTION PRICE OF SEK 95 PER
SHARE
    * THROUGH THE NEW SHARE ISSUE, THE COMPANY RECEIVES
APPROXIMATELY
SEK 2 BILLION BEFORE TRANSACTION COSTS
    * INTENDS TO USE ABOUT SEK 850 MILLION OF THE PROCEEDS FROM
THE
NEW SHARE ISSUE TO PARTLY FINANCE THE ACQUISITION OF LAKERS
GROUP
    * THE REMAINDER OF THE PROCEEDS WILL BE USED TO FURTHER
ACCELERATE
THE GROWTH BEYOND WHAT PREVIOUSLY HAS BEEN COMMUNICATED AND TO
EXECUTE ON NEW AND IDENTIFIED BUSINESS OPPORTUNITIES EARLIER
THAN ORIGINALLY PLANNED

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQN4m8Pwv
 Further company coverage:  VESTUM.ST  

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