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Bure invests SEK 189 million in Cavotec through a directed share issue

Bure invests SEK 189 million in Cavotec through a directed share issue

Press releases   •   Sep 12, 2014 08:03 GMT

The Board of Directors of Cavotec SA has reached an agreement with Bure Equity AB regarding a directed share issue of 7,138,780 new shares, corresponding to approx. 9.9% of the total number of shares outstanding. The subscription price is set at SEK 26.50 per share and the net proceeds, after deduction of stamp duty and transaction costs, will amount to approx. SEK 187 million.