RNB resolves a guaranteed rights issue of 85 MSEK and extends maturity date for the bond with two years
The Board of Directors of RNB RETAIL AND BRANDS AB (publ) ("RNB" the "Company") has today resolved to carry out a rights issue with preferential rights for the Company’s shareholders. The rights issue which is fully guaranteed through subscription undertakings and guarantee commitments is conditioned upon to approval of an extra ordinary general meeting to be held on or about 30 October 2019.The subscription price is SEK 1.25 SEK per share and one existing share in the Company gives the right to subscribe for two new shares. The rights issue will raise approximately MSEK 84.8.