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Seamless raises SEK 42 mln in directed debenture issue

Tuesday 30 August 2016 | 12:36 CET | News
Seamless Distribution, which provides the SEQR mobile payment system, has carried out a SEK 42 million directed issue of convertible debentures to private and institutional investors identified by Evli Bank. It deviated from shareholders' preferential rights, because the company needed to finance its operations, and a directed issue was deemed the fastest, and most favourable way to do this.

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Categories: Internet / Mobile & Wireless
Companies: Seamless / Seamless Distribution Systems
Countries: World
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