October 6, 2016 / 2:21 PM / 10 months ago

BRIEF-FastOut: rights issue oversubscribed

1 Min Read

Oct 6 (Reuters) - FastOut Int AB :

* Rights issue oversubscribed, representing a subscription rate of 264 percent

* In total, shares were subscribed for a total of 27,583,608 Swedish crowns ($3.20 million)

* Fully subscribed issue provides the company with proceeds of 10,456,254 crowns

Source text: bit.ly/2dhlO5N

Further company coverage:

$1 = 8.6179 Swedish crowns Gdynia Newsroom

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