Polyplank AB (publ) (OM:POLY) announced a private placement of 3,000,000 common shares at SEK 1 per share for gross proceeds of SEK 3,000,000 on January 21, 2016. The transaction will include participation from a group of investors including existing investor, Stångåkonsult i Kalmar HB. The transaction with Stångåkonsult i Kalmar HB is subject to shareholders' approval at the extra general meeting to be held on February 18, 2016.

The transaction has been approved by the board of directors of the company.