Swedish Stirling completes directed issues of MSEK 147
The Board of Directors of Swedish Stirling AB (publ) (“Swedish Stirling” or the “Company”) has resolved to carry out an issue of convertible bonds of up to MSEK 100, with deviation from the shareholders’ preferential right. Investors in the convertible bonds issue are Daniel Ek, CEO and founder of Spotify, and the entrepreneur David Zaudy. The issue of convertible bonds is subject to approval by an extraordinary general meeting to be held on 8 April 2020. Further, the Board of Directors of Swedish Stirling has, pursuant to the authorization granted by the annual general meeting on 26 April