Analyst Research

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Provider : Wright Reports
Provider : Reuters Investment Profile

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ALM Equity AB to Conduct New Share Issue

Tuesday, 12 Nov 2013 02:53am EST 

ALM Equity AB announced that on November 11, 2013 the Board of Directors of the Company has decided to carry out a new share issue of a maximum of 1,364,000 preference shares. Subscription price has been set at SEK 110 per share. Subscription period will run until November 29, 2013. If fully subscribed the issue will provide the Company with proceeds of SEK 150,040,000 before issue costs. The issue is directed towards not more than 150 investors. The reason for the issue is to finance future acquisitions and development of properties. 

Company Quote

2 Oct 2015