ABG Sundal Collier acted as sole financial advisor in the SEK 80m private placement of Zeta Display

ZetaDisplay announced yesterday the completion of the SEK 80m private placement which was made in accordance with the authorization made by the annual general meeting on 22.05.2017. 
The directed issue has been subscribed by selected Nordic institutional investors. The total size of the issue amounted to SEK 80m with a subscription price of SEK 15.50. The reason for the deviation from the shareholders’ pre-emptive rights is to, in a timely and cost efficient manner, increase ZetaDisplay’s financial flexibility for finalization of the acquisition of the dutch company QYN BV. Through the share issue, ZetaDisplay will obtain approximately SEK 80million before transaction costs.