The Swedish Securities Council states that the lack of organized trading in subscription rights requires prior approval
The Swedish Securities Council has today commented on Brighter's rights issue without organized subscription rights trading, which was published on November 18, 2019 (the "Benefit Issue"), and states that a rights issue without organized trading in subscription rights requires a prior approval of the Swedish Securities Council.
The Board of Directors of Brighter has, with surprise, taken part of the statement of the Swedish Securities Committee, as it is the Board's continued assessment that Brighter and its shareholders are benefited by the design of the Rights Issue.
Regarding the Benefit Issue, Brighter has had an ongoing dialogue with the Swedish Financial Supervisory Authority before the Swedish Securities Council’s review, and further information regarding the Board's statement will be found in the prospectus published tomorrow, December 12, 2019.
The Swedish Securities Council’s statement will be available on their website as of tomorrow.
About Brighter AB (publ)
Brighter is a health-tech company from Sweden with a vision of a world where managing chronic diseases is no longer a struggle. We believe a data-centric approach is key to provide smarter care for chronic conditions. Our daily-care solutions facilitate the flow of real-life treatment data between chronic-disease patients, their loved ones and their care providers – improving quality of life, easing the burden on healthcare systems, and opening new opportunities for data-driven research. Brighter is certified under ISO 13485. In 2019 the company won the Swecare Rising Stars Award. https://brighter.se/
The Company's shares are listed on Nasdaq First North Growth Market/BRIG. Brighter’s Certified Adviser is Eminova Fondkommission AB, +46 (0)8 – 684 211 10, email@example.com, www.eminova.se.
For further information, please contact:
Henrik Norström, CEO
Phone: +46 733 40 30 45