Bayn Group announces contemplated directed issue of up to 9,500,000 shares
Bayn Group AB (publ) (the “Company” or “Bayn Group”) hereby announces a contemplated placement of up to 9,500,000 shares (the “Transaction”). The Transaction will be directed to Swedish and international institutional investors. Bayn Group has engaged Carnegie Investment Bank (publ) (“Carnegie”) to investigate the conditions for a placement of new shares through an accelerated book building procedure. The Company also informs of the ongoing negotiations, with a signed letter of intent, regarding a potential acquisition and that the Company is considering the possibility to, in due course,