Rovsing issues new shares in connection with excercise of warrants
January 09 2018 - 10:10AM
Rovsing issues new shares in connection with excercise of warrants
Rovsing A/S - Company announcement no 270
Rovsing issues new shares in connection with the
exercise of employee warrants.
The capital increase is subscribed for without
pre-emptive rights for the company's existing shareholders or
others.
The shares are subscribed in cash at a price of
DKK 0.05 per share with a nominal value of DKK 0.05 per share. The
increase of the share capital is due to Cristian Bank’s, CEO
exercising of 5,000,000 warrants. The proceeds to the company
amount to DKK 250,000.
The newly issued shares are ordinary shares
without special rights and free marketable negotiable securities.
The new shares entitle to dividends and other rights in the company
from the date of subscription.
The new shares will be admitted to listing on
NASDAQ Copenhagen after registration with the Danish Business
Authority. Rovsing A/S' previous share capital amounts to DKK
19,992,722.75 and will after the capital increase amount to DKK
20,242,722.75 divided into 404,854,455 shares of DKK 0.05. The
capital increase is expected to be completed shortly.
The content of this announcement has no
influence on the company's accounting expectations for FY
2017/18.
Additional information:Rovsing
A/S www.rovsing.dk,
Cristian Bank, CEO, e-mail cbk@rovsing.dk, phone
+45 53 39 18 82
http://prlibrary-eu.nasdaq.com/Resource/Download/5d106823-85db-43cf-a246-07fd0a57b9fa
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