Malmö, sweden, on 14 June 2017
The subscription period for the rights issue in Deflamo AB Deflamo” or the “Company”) ended on 9 June 2017. The issue means that the Company receives 15.7 M before issue costs. Total subscribed for approximately 53.8%, of which approximately 49.9 per cent with the support of subscription rights and approximately 3.9 per cent, without subscription rights. The remainder of the shares up to the guaranteed amount of 15.7 M allocated to emissionsgaranter, entailing a total teckningsgrad of approximately 66.6 per cent.
Deflamos rights issue was conducted with the aim to raise additional working capital for the ongoing canvassing and identification of new customer segments for new products, implementation of additional investments in production equipment and testing equipment, commercialize new products; continue the development of Apyrum for use in additional product applications and to work on strategic partnerships and acquisition strategy.
“We had, of course, have liked to have seen a greater interest in the issue, but we would like to thank both existing and future shareholders of the digestion. We will now, of course, to make accurate priorities to optimize the gear ratio in use of proceeds.” – says Johnny Bodin, CEO, Deflamo AB
Allocation of shares will shortly be sent out to those who have been allocated shares. Trading with BTA (Paid Cartoon Share) will take place on Nasdaq First North.o.m. definitive registration of the rights issue at the Swedish companies registration office, which is expected to occur during the second half of June.
In connection with the registration will also refund will be made of the previously announced bridge loan of Sek 5 million, plus the additional bridge loan of Sek 1 million raised from major shareholders to secure working capital until the proceeds of the issue will be available to the Company.
The company has engaged Eminova Fondkommission AB as financial advisor and broker in the rights issue.
For further information, please contact:
Johnny Bodin, CEO
Tel: +46 (0)700 92 07 39
E-mail: johnny.bodin@deflamo.com
Read more about Deflamo AB www.deflamo.com
About Deflamo
Deflamo is a specialty chemical company that develops, produces and markets environmentally superior flame retardant under the product name Apyrum. Apyrum is a patented, eco-friendly and biodegradable
biodegradable alternatives to dangerous flame retardants that are harmful to the environment and health. The company is listed on Nasdaq First North. Avanza is the company’s Certified Advisor.
This information is such information that Deflamo AB is obliged to publish under the EU marknadsmissbruksförordning. The information was submitted, by the above contact person in the government, for publication on 14 June 2017, there is a 16.00 CET.
2017-06-14_Deflamo_Utfall issue
