Information related to ongoing new rights issue in Nexam Chemical Holding AB
Previously, the management and board of directors of Nexam Chemical Holding AB have submitted subscriptions for their respective shares in the new rights issue. In addition, management and board members have now together acquired 75,000 shares in the company. Those who have acquired shares also intend to subscribe for the subscription rights that the acquired shares entail. Distribution of share acquisitions will be evident from customary transparency reporting.
Otherwise, the following may also be notified;
One of Nexam Chemical's largest owners is Nerthus Investments Limited, which owns 4,350,000 shares, corresponding to an ownership interest of 6.4 percent. Nerthus Investments Limited has previously provided a subscription commitment regarding its share in the rights issue. Nerthus Investment Limited has now informed Nexam Chemicals that they intend to subscribe for at least 250,000 more units, which corresponds to about 9 percent of the new share issue.
For more information, please contact:
Johan Arvidsson, CEO, +46-708 97 44 39, johan.arvidsson@nexamchemical.com
About Nexam Chemical
Nexam Chemical develops technology and products that make it possible to significantly improve the production process and properties of most types of plastics in a cost-effective manner and with retained production technology. The improved properties include strength, toughness, temperature and chemical resistance as well as service life. The improvements in properties that can be achieved by using Nexam Chemical's technology make it possible to replace metals and other heavier or more expensive materials with plastics in a number of applications. In applications where plastic is already used, Nexam Chemicals products can improve the manufacturing process, reducing material use and enable more environmental friendly alternatives. Example of commercial applications: pipe manufacturing, foam production and high-performance plastics. More information about the business will be found on www.nexamchemical.com. The company´s Certified Adviser is FNCA Sweden AB. FNCA Sweden AB can be reached at info@fnca.se or by phone +46-8 528 00 399.
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