The last day of trading in BTA in AroCell AB (publ) ("AroCell" or the “Company") will be Tuesday, January 28th, 2020 and the stop day will be Thursday, January 30th, 2020.
Through the rights issue of shares, AroCell raises approx. SEK 39.4 million before deduction of issue related costs.
The rights issue has been registered with the Swedish Companies Registration Office (Sw. Bolagsverket) and the last day of trading in AroCell’s BTA will be Tuesday, January 28th, 2020. The stop day will be Thursday, January 30th, 2020. Shares are estimated to be delivered on the shareholders’ account Monday, February 3rd, 2020.
In connection to the rights issue the Company has also completed a directed issue of new shares with proceeds amounting to MSEK 15, which has been fully subscribed. See the separate press release from 22 October 2019 for more information regarding the directed issue of new shares.
Number of shares and share capital
Through the rights issue AroCell’s share capital is increased by SEK 2,628,496.30 by issuing 26,284,963 shares. Through the directed issue the Company’s share capital is increased by SEK 1,000,000 through issuing 10,000,000 shares. AroCell’s share capital will thus increase with the total amount of SEK 3,628,496.30 from SEK 3,942,744.50 to SEK 7,571,240.80. The number of shares will increase with in total 36,284,963 from 39,427,445 to 75,712,408. The subscription price was SEK 1.5 in both issues of new shares.
Redeye AB acts as financial adviser and Fredersen Advokatbyrå AB acts as legal adviser in connection with the rights issue. Aqurat Fondkommission AB acts as issuer agent.
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