July 3, 2020 / 1:07 PM / a month ago

BRIEF-Finnair To Gain About EUR 501 Mln In Rights Offering

July 3 (Reuters) - Finnair Plc:

* PRELIMINARY RESULTS OF FINNAIR’S RIGHTS OFFERING

* ACCORDING TO PRELIMINARY RESULTS OF OFFERING, A TOTAL OF 1,416,635,293 NEW SHARES ( “OFFER SHARES”) WERE SUBSCRIBED FOR IN OFFERING

* SUBSCRIPTION PRICE WAS EUR 0.40 PER OFFER SHARE

* FINNAIR WILL RECEIVE GROSS PROCEEDS OF APPROXIMATELY EUR 512 MILLION FROM OFFERING

* AS A RESULT OF OFFERING, CO WILL RECEIVE NET PROCEEDS OF APPROXIMATELY EUR 501 MILLION TAKING INTO ACCOUNT TRANSACTION COSTS IN CONNECTION WITH OFFERING Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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