April 9, 2018 / 6:53 AM / 11 days ago

BRIEF-RhoVac Announces Rights Issue Of SEK 24.5 Million

April 9 (Reuters) - RhoVac AB:

* RHOVAC ANNOUNCES A RIGHTS ISSUE OF SEK 24.5 MILLION AIMED AT STRENGTHENING BUSINESS DEVELOPMENT ACTIVITIES

* SUBSCRIPTION PERIOD RUNS FROM 18 MAY 2018 UP TO AND INCLUDING 1 JUNE 2018.

* ‍SUBSCRIPTION PERIOD RUNS FROM 18 MAY 2018 UP TO AND INCLUDING 1 JUNE 2018.​

* ‍SIX (6) EXISTING SHARES ENTITLE TO SUBSCRIPTION FOR ONE (1) NEW SHARE AT A SUBSCRIPTION PRICE OF SEK 18 PER SHARE​

* RIGHTS ISSUE IS SECURED UP TO 80 PERCENT

* TO RESOLVE ON A RIGHTS ISSUE OF APPROXIMATELY SEK 24.5 MILLION BEFORE ISSUE COSTS

* ALL EXTERNAL INVESTORS WHO ENTERED GUARANTEE UNDERTAKINGS ALSO PARTICIPATE THROUGH SUBSCRIPTION UNDERTAKING.

* ‍SUBSCRIPTION PERIOD​: 18 MAY - 1 JUNE 2018

* ‍SUBSCRIPTION PRICE AMOUNTS TO SEK 18.00 PER SHARE.​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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