Ferronordic Machines AB announces preference share issue
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SWITZERLAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL Stockholm, Sweden – 9 October 2013·At an extraordinary general meeting earlier today, 9 October 2013, the shareholders in Ferronordic Machines AB (publ) (“Ferronordic Machines” or the “Company”) resolved on a preference share issue to raise SEK 400 million. ·Proceeds from the issue will be used to create financial flexibility