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Motion Display - Rights issue oversubscribed

2015-12-07

Motion Display Scandinavia AB has completed the rights issue as decided by the Board on November 5 and approved by the Annual General Meeting held on May 11, 2015. The rights issue was oversubscribed and provides the company with approximately SEK 5 million before deducting issue expenses.

 

The rights issue was subscribed to approximately 57,23 percent with subscription rights and the remainder, representing approximately 42,77 percent, without subscription rights. The total applications for without subscription rights amounted to approximately 43,08 percent of the rights issue, which means that the rights issue was oversubscribed by approximately 100,31 percent. The rights issue provides Moton Display with about SEK 5 million before issue costs which are estimated to about SEK 100 thousand.

 

 

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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