July 1 (Reuters) - W5 Solutions AB (publ) W5.ST:
ANNOUNCES DIRECTED ISSUE OF ABOUT SEK 103.9 MILLION
SUBSCRIPTION PRICE SET AT SEK 65.11 PER SHARE
DIRECTED ISSUE TO DILUTE EXISTING SHAREHOLDERS BY 9.1%
PROCEEDS FROM THE DIRECTED ISSUE WILL BE USED TO CREATE WORKING CAPITAL SPACE TO CONTINUE THE GROWTH STRATEGY SET BY THE COMPANY, AS WELL AS PAYMENT FOR POTENTIAL FUTURE ACQUISITIONS
Source text: ID:nMFN5Zd162
Further company coverage: W5.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))