Incap Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Incap Oyj Updates on Directed Share Issue and Restructuring of Debt; Inission AB Becomes Largest Shareholder in Incap
Incap Oyj announced that after the directed share issue the Company's largest shareholder will be Inission AB, an electronics contract manufacturer operating in the Nordic region and specialising in electronics production in small and medium-sized production volumes. In the directed share issue and in the conversion of debt connected with it, a total of 64,137,000 new shares were issued. The shares were subscribed in full based on subscription commitments given in advance. Against cash payment, a total of 45,212,000 shares were subscribed, and thereby the largest subscribers were Inission AB, Etra Invest and Onvest. The rest of the directed share issue, i.e. 18,925,000 shares were subscribed as a conversion against loans. The Board members and senior management of the Company subscribed a total of 1,212,000 new shares. The subscription price per share was EUR 0.10, based on the agreement between the Company and the subscriber. After the registration of all the new shares Incap has a total of 109,114,035 shares, each having one vote. Concerning the convertible loan issued in 2012, the contracts were renewed in the way that the holders of the convertible loan can - after the composition arrangement - convert the remaining loan to a total of 22,430,769 new shares of the Company. The subscription price of these shares was calculated to be approximately EUR 0.13 per share.
Latest Developments for Incap Oyj
- Incap Oyj Concludes Co-Operative Negotiations; 11 Persons to Be Terminated
- Incap Oyj Announces Layoffs in Estonia
- Incap Oyj Lowers Financial Guidance for H2 2013 and Specifies Full FY 2013 Financial Outlook
- Incap Oyj to Launch Co-Operative Negotiations in Corporate Services Potentially Leading to Reductions Affecting Approximately 16 Employees
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