Today, on
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO
Summary of the Rights Issue
- The Rights Issue will, upon full subscription, provide
Veg of Lund with approximately MSEK 23.7, before issue costs. - The Rights Issue is covered to approximately 20.2 percent by subscription commitments and approximately 54.8 percent by underwriting commitments. Thus, the Rights Issue is secured to approximately 75 percent. The subscription commitments and underwriting commitments are not secured through bank guarantees, blocked funds, pledges, or similar arrangements.
-
All existing shareholders on the record date on
11 August 2023 received one (1) unit right per each share held, and five (5) unit rights give the right to subscribe for one (1) unit, consisting of four (4) shares. -
The subscription price is
SEK 4.6 per unit and thusSEK 1.15 per share. -
The subscription period for the Rights Issue runs from and including
15 August 2023 up to and including29 August 2023 . - The Rights Issue entails an issue of a maximum of 5,159,064 units and thus a maximum of 20,636,256 shares.
No prospectus will be registered with the
Advisors
For more information, please contact:
Telephone: +46 (0) 703 12 19 42
E-mail: fredrik.carling@vegoflund.se
www.dugdrinks.com
About
Important information
The publication, announcement or distribution of this press release may, in certain jurisdictions, be subject to legal restrictions and persons in the jurisdictions where this press release has been published or distributed should inform themselves about and comply with such legal restrictions. The recipient of this press release is responsible for using this press release and the information contained herein in accordance with the applicable rules in each jurisdiction. No action has been taken and no action will be taken to permit an offer to the public in jurisdictions other than
Any investment decision in connection with the Rights Issue shall be made based on all publicly available information relating to the Company. The information in this press release is published only as background information and does not claim to be complete. Accordingly, an investor should not rely solely on the information in this press release or its accuracy or completeness.
This press release may not be announced, published, or distributed, directly or indirectly, in or into
None of the units, shares, unit rights, BTUs or other securities have been or will be registered under the United States Securities Act of 1933, as amended (the "Securities Act") or the securities laws of any state or other jurisdiction in
This press release may contain some forward-looking statements that reflects the Company's current view of future events and financial and operational development. Words such as "intend", "consider" "expect", "may", "plan", "believe", "estimate" and other expressions that imply indications or predictions of future developments or trends, and that are not based on historical facts, constitute forward-looking statements. By its nature, forward-looking statements involves known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking statements is not a guarantee of future results or development and actual outcomes may differ materially from those expressed in forward-looking statements. Neither the Company nor anyone else undertakes to review, update, confirm or publicly announce any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release, unless required by law or the Nasdaq First North regulations for issuers.
https://news.cision.com/veg-of-lund/r/last-day-of-trading-with-the-unit-rights-in-veg-of-lund,c3822530
(c) 2023 Cision. All rights reserved., source