Brief: Westpay Resolves On Directed Issues Of Shares

Westpay AB

11/07/2023 08:15

July 11 (Reuters) - Westpay AB  WPAY.ST :
    * HAS RESOLVED ON DIRECTED ISSUES OF SHARES AMOUNTING TO
APPROXIMATELY SEK 8.5 MILLION, SUBJECT TO APPROVAL BY
EXTRAORDINARY GENERAL MEETING
    * BOD OF WESTPAY AB HAS RESOLVED ON DIRECTED ISSUES OF A
TOTAL OF
12,142,859 SHARES
    * SHARE PRICE OF SEK 0.70 PER SHARE TO A SELECTED GROUP OF
INVESTORS, CONSISTING OF EXISTING WESTPAY SHAREHOLDERS
    * ISSUES WILL PROVIDE WESTPAY WITH ADDITIONAL RESOURCES TO
SUPPORT
ITS POSITIVE DEVELOPMENT AND STRENGTHEN FINANCIAL POSITION

Source text for Eikon:  ID:nMFN105Vlb 
Further company coverage:  WPAY.ST 

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