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BRIEF-Hugo games says board of directors resolved to conduct rights issue of about NOK 30 to 41 mln
April 27, 2017 / 6:59 PM / in 6 months

BRIEF-Hugo games says board of directors resolved to conduct rights issue of about NOK 30 to 41 mln

April 27 (Reuters) - Hugo Games A/S

* Board of directors of Hugo games A/S resolved to conduct a rights issue of approximately NOK 30-41 million

* Share capital will be increased by an issue of minimum 47.6 million new shares and maximum 65.5 million new shares at nominal value of DKK 0.50

* Subscription rights are expected to be listed and tradable on Oslo stock exchange

* Subscription price will be NOK 0.63 per offer share

* Based on closing price of hugo games’ share on 27 april subscription price implies a discount of about 19%

* Minimum amount of NOK 30 million in rights issue is fully underwritten Source text for Eikon: Further company coverage:

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