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Wireless

Netmore proposes SEK 80 mln rights issue to AGM in June

Tuesday 4 May 2021 | 13:28 CET | News
Netmore Group said shareholders at the 01 June AGM will vote via post on a motion to authorise the issue of shares to support a rights issue of at least SEK 80 million in the third quarter of 2021. In April, main shareholder Buildroid and associates bought enough shares to exceed the threshold for an obligatory buyout offer. Netmore says that if Buildroid's offer is not accepted by enough shareholders and Netmore continues to trade as a public company, then its board would carry out the rights issue.

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Categories: Mobile & Wireless
Companies: Netmore
Countries: Sweden
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