Update on directed issue to TUS Holding and announcement that the board of PEN will call an extra general meeting to decide on the implementation of preferential rights issue
TUS Holding has informed the Board of PEN Concept Group AB that they do not receive permission from the relevant authorities to carry out the planned issue in PEN Concept Group AB within the time previously announced. The reason is the current political situation and current uncertainty. The Board of PEN Concept Group AB will convene an extraordinary general meeting to carry out a preferential issue of SEK 6 million, of which the principal owner Robert Wu will guarantee 50% of the issue