May 22 (Reuters) - Westpay AB WPAY.ST:
ANNOUNCES DIRECTED SHARE ISSUE AND EXTRAORDINARY GENERAL MEETING FOLLOWING A SHAREHOLDER PROPOSAL FOR AN ADDITIONAL DIRECTED SHARE ISSUE
SHARE ISSUE AMOUNTS TO NO MORE THAN 8,639,532 SHARES AT A PRICE OF SEK 0.86 PER SHARE
THROUGH SHARE ISSUE, WESTPAY MAY RECEIVE UP TO APPROXIMATELY SEK 7,429,997 IN TOTAL BEFORE TRANSACTION COSTS
ADDITIONAL DIRECTED SHARE ISSUE OF NO MORE THAN 2,720,928 SHARES, AT A PRICE OF SEK 0.86 PER SHARE
TOGETHER, SHARE ISSUES WILL AMOUNT UP TO APPROXIMATELY SEK 9,769,995 IN TOTAL PROCEEDS
Source text: ID:nMFN7CQQKX
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