Meltron AB receives approximately SEK 11.3 million in cash after completed rights issueThis press release may not be published or distributed, neither directly nor indirectly, in or to the USA, Canada, Australia, Hongkong, Japan, New Zealand, South Korea, Switzerland, Singapore or South Africa or in any other jurisdiction where the distribution of this press release would be illegal.
Meltron AB (publ) ("Meltron" or the "Company") today announces that the Company's rights issue of approximately SEK 16.1 million has been subscribed at approximately 22.5 %. The balance up to the guaranteed amount of the issue of approximately SEK 11.3 million is covered by the two guarantee consortia syndicated in preparation of the transaction. On 28 September the Board of Directors of Meltron resolved, pursuant to the authorization from the Annual General Meeting held on 1 October 2021, to carry out a new issue of shares with preferential rights for existing shareholders of approximately SEK 16.1 million (the "Rights Issue"). The subscription period was 26 October - 9 November 2022 and included a maximum of 161,402,822 shares to a subscription price of SEK 0.10 per share. In total, 36,326,784 shares were subscribed for, of which 30,992,696 shares were subscribed for with preferential rights and 5,334,088 shares without preferential rights (of which 3,062,000 consisted of fulfilled subscription commitments). 76,720,000 shares are distributed within both guarantee consortia. Meltron thereby receives approximately SEK 11.3 million in total before issue expenses, compensation to guarantors and repayment of bridge loans. In addition to the cash compensation, the guarantors will be compensated with 6,500,000 newly issued shares at an issue price in accordance with concluded agreements. In addition, G&W Fondkommisson will set off SEK 642.5 thousand of its fee as financial advisor, corresponding to 6,425,000 shares. In total, the Rights Issue constitutes a dilution of approximately 66 per cent of the number of shares and the share capital in the Company (excluding the set off compensation in shares).
After registration of all the above newly issued shares, there will be 183,615,650 shares in the Company. The share capital will increase by SEK 12,597,178.40 to SEK 18,361,565. Minor adjustments to the above numbers and amounts may be made in connection with registration with the Swedish Companies Registration Office.
Shares shall be paid in accordance with instructions in the settlement notes, which will be distributed in due course. Those who have subscribed through a nominee will receive information on allocation from the nominee.
Advisors
G&W Fondkommission is the financial advisor to Meltron in connection with the Rights Issue. Aktieinvest FK AB is the issuing agent.
For further information, contact:
Göran Lundgren, chairman Meltron AB, ph: +46 70 467 40 40; [email protected]
Meltron AB, Malmgårdsvägen 63, 116 38 Stockholm
Read more at www.meltron.com
This information is information that Meltron AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication in Swedish, by the contact person set out above, on 2022-11-15, at 12:45 CET.
This English version is published as a service; in case of discrepancies the Swedish version will prevail.
The following documents can be retrieved from beQuoted
Meltron Pressrelease 2022-11-15 eng.pdf About Meltron - "More than Just Light"
Meltron AB designs, manufactures and sells LED lighting solutions which are based on interdisciplinary application of electronics, optics, thermodynamics and nano-structures. "More than Just Light" translates into energy savings, superior light quality, product life-time savings, increased productivity, safety and wellbeing for all. Meltron provides high quality solutions for the most demanding environments in infrastructure, industry and logistics. Read more at www.meltron.com
Meltrons shares are traded on NGM Nordic SME under the ticker MLTR.
If you want to open the text in your webbrowser
click here
______________________________________________________
This information was sent by beQuoted
If you want more information, please go to www.beQuoted.com
To change your subscription, please inform [email protected] beQuoted Press är en service till Dig som är intresserad av finansiell information. Med beQuoted Press underlättas företagens finansiella kommunikation till Dig och till nyhetsbyråer, aktieägare, placeringsrådgivare och andra intressenter på aktiemarknaden.
Vi hoppas att Du uppskattar denna service.
|
