Issue of convertible bonds in Ripasso Energy fully subscribed
The subscription period for the issue of convertible bonds in Ripasso Energy AB (publ) expired on 24 November 2017. The issue is oversubscribed with approximately 53 %. The issue was subscribed to approximately 96 % with preferential rights and the rest without preferential rights. The underwriting guarantee will not be called upon. The company will receive approximately SEK 25.1 million before issue costs.
The last day of trading in paid subscribed units (BTU) at NGM Nordic MTF is expected to be during week 49, 2017. The convertible bonds are expected to start trading at NGM Nordic MTF around 7 December 2017.
The number of shares in the company will increase with 5,014,932 if all convertible bonds are converted. A full conversion of the convertibles bonds results in a dilution of approximately 7.6 percent.
In connection with the issue, Advokatfirman Törngren Magnell has acted as legal advisor and Eminova Fondkomission AB as issuing agent.
For more information regarding this press release, please contact Gunnar Larsson, Founder and CEO of Ripasso Energy, e-mail: firstname.lastname@example.org. For more information regarding the company, visit: www.ripassoenergy.com. You can also subscribe for the company’s newsletters at the company website.
Ripasso Energy is required to disclose this information in accordance with the EU Market Abuse Regulation. The information was submitted for publication at the initiative of the above contact person on November 28 at 16.20 CET.
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