Conversion of Convertible debt strengthens the Balance sheet of Clavister
Norrlandsfonden calls the conversion of a convertible bond (2017) into shares, which strengthens Clavister’s balance sheet and equity with 10 MSEK.September 27, 2017. Örnsköldsvik, Sweden. Clavister (NASDAQ: CLAV), a leader in high-performance network security solutions, has on of September 29, 2017—in relation to Norrlandsfonden exercising their convertible bond (2017)—initiated registration of the convertible to the amount of 10 MSEK into shares. The convertible bond, initially signed in 2012, entitles Norrlandsfonden to convert at 15 SEK per share. The number of shares received by