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Motion Display implements SEK 5 million rights issue

2015-11-05

The board of Motion Display Scandinavia AB decided on November 4 2015 with the support of authorization from the Annual General Meeting May 11, 2015, to issue new shares with pre-emptive rights for existing shareholders. Fully subscribed rights issue provides the company approximately SEK 5 million before issue costs. Motion Display has received subscription commitments of about 3 million SEK, equivalent to about 60% of the issue volume.

 

Offering in summary

• Subscription period: November 17 - December 1 2015

• Subscription price: SEK 3,68 per share

• Issue volume: approx. 5 MSEK, corresponding to 1,355,922 shares

• Number of shares before the rights issue 9,039,480 shares.

 

Read the press release in Swedish

 

Further information:


Anna Engholm, CEO of Motion Display Scandinavia AB, +46 (0) 709 79 35 04

 


Motion Display is the leading global manufacturer of Electronic Paper Display based Retail Signage and offers new solutions for efficient in-store-marketing. The company was founded in Uppsala, Sweden, 2005 by Erik Danielsson, former CEO of Pharmacia AB and founder of e.g. Pricer AB, global leader in ESL (Electronic Shelf Labels). www.motiondisplay.com



Motion Display
Peter Karlsson

Roligt att du tittar in här!
Jag heter Peter Karlsson och är affärsområdeschef för "Retail" på Motion Display.

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