April 10, 2017 / 12:46 PM / in 7 months

BRIEF-HQ AB: rights issue with proceeds of about SEK 16 mln

April 10 (Reuters) - HQ AB:

* SAID ON FRIDAY DECIDED TO PROPOSE TO AGM ON MAY 15 TO ISSUE NEW SHARES WITH PREFERENTIAL RIGHTS FOR EXISTING SHAREHOLDERS

* RIGHTS ISSUE PROVIDES THE COMPANY WITH PROCEEDS OF ABOUT 16 MILLION SWEDISH CROWNS BEFORE ISSUE COSTS

* THE SUBSCRIPTION PRICE IS 0.50 CROWN PER SHARE

* SUBSCRIPTION OF NEW SHARES TO TAKE PLACE DURING THE PERIOD MAY 29 - JUNE 13, 2017

Source text: bit.ly/2oXZFzG

Further company coverage: (Gdynia Newsroom)

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