PHI’s Board of Directors proposes a Direct Issue of shares of 9.9 MSEK to Altium
Phase Holographic Imaging (PHI) informs the market that to raise capital, PHI’s Board of Directors proposes a direct issue of 2 374 820 new shares to the Company’s largest shareholder, Altium S.A. PHI will publish the notice for an extraordinary general meeting, to vote on this proposal, through a separate press release. If the shareholders approve, Altium will acquire shares for a price of 4,17 SEK per share, corresponding to a total capital injection of 9 902 999 SEK before transaction-related costs. After the direct issue, Altium ownership in PHI will be 24.6%.PHI aims to become a