Brief: Vibrosense Dynamics Announces Rights Issue Of Initially About SEK 22.7 Mln

Vibrosense Dynamics AB

19/03/2019 07:21

March 19 (Reuters) - VibroSense Dynamics AB  VSDYNb.TE :
    * ANNOUNCES RIGHTS ISSUES OF INITIALLY ABOUT SEK 22.7
MILLION
    * EXCERCISE OF WARRANTS TO GENERATE ADDITIONAL PROCEEDS OF
ABOUT
SEK 12.1 -20.2 MILLION BEFORE ISSUE COSTS
    * SUBSCRIPTION PRICE IS SEK 28 PER UNIT, CORRESPONDING TO
SEK 7
PER SHARE
    * SUBSCRIPTION PERIOD IS 24 APRIL TO 10 MAY 2019
    * HAS RECEIVED GUARANTEED COMMITMENTS FOR ABOUT 80 PERCENT
OF
ISSUE AMONUT
    * REASON FOR RIGHTS ISSUE IS PRIMARILY TO FINANCE THE LAUNCH
OF
VIBROSENSE  METER II

Source text for Eikon:  ID:nWkr3YWJWM 
Further company coverage:  VSDYNb.TE 

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