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BRIEF-Shortcut Media: new share issue significantly over-subscribed
June 26, 2017 / 12:47 PM / 6 months ago

BRIEF-Shortcut Media: new share issue significantly over-subscribed

June 26 (Reuters) - SHORTCUT MEDIA AB:

* NEW SHARE ISSUE OVER-SUBSCRIBED WITH 232%

* ISSUE TO DIVERSIFY SHAREHOLDERS’ BASE SUBSCRIBED AT SEK 18.1 MILLION

* BOARD HAS CHOSEN TO EXERCISE ENTIRE OVER-ALLOTMENT OPTION OF SEK 2 MILLION

* THROUGH THE ISSUE, COMPANY RECEIVES PROCEEDS OF SEK 9.8 MILLION BEFORE ISSUE COSTS OF ABOUT SEK 0.7 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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