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BRIEF-Confidence International calls for vote on SEK 9.5 mln rights issue
February 12, 2015 / 7:12 AM / 3 years ago

BRIEF-Confidence International calls for vote on SEK 9.5 mln rights issue

March 12 (Reuters) - Confidence International AB :

* Said on Wednesday that its Board of Directors decided to call for an Extraordinary General Meeting to decide on a new rights issue

* Provided a full subscription, the issue will provide the company with a proceeds of about 9.5 million Swedish crowns ($1.13 million) before issue costs

* A number of major shareholders have informed that they intend to together subscribe to at least 50 pct of shares in the rights issue

* It is also proposed to the Extraordinary General Meeting that the Board of Directors is authorized to make decision on a oversubscription option of about 1.8 million crowns

* The Extraordinary General Meeting is to take place on March 13

Source text for Eikon:

Further company coverage:

$1 = 8.3788 Swedish crowns Gdynia Newsroom

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