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BRIEF-TagMaster proposes rights issue of about SEK 36.9 mln
March 23, 2017 / 7:43 AM / 9 months ago

BRIEF-TagMaster proposes rights issue of about SEK 36.9 mln

March 23 (Reuters) - TagMaster AB:

* Board proposes a rights issue of about 36.9 million Swedish crowns ($4.20 million)

* Shareholders of TagMaster have right to subscribe for one (1) new class B share per five (5) existing shares; subscription ratio 1:5

* Subscription price in rights issue is 1.10 crown per share

* Rights issue is about 74% guaranteed through subscription commitments from existing shareholders, board and management and guarantee commitments Source text for Eikon: Further company coverage: ($1 = 8.7913 Swedish crowns) (Gdynia Newsroom)

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