The Board of Directors of Pricer AB (“Pricer”) has resolved on a capital raise totalling approx. SEK 301 million (the “Transaction”). The Transaction consists of a directed share issue of approx. SEK 44 million to Sterling Active Fund and Quaero Capital, and a subsequent fully guaranteed rights issue of up to approx. SEK 257 million. The rights issue is subject to approval by an Extraordinary General Meeting intended to be held on 8 August 2023, and the subscription period is expected to run from 14 August 2023 until 28 August 2023, with announcement of the outcome around 30 August 2023.
The Transaction will finance Pricer’s growth strategy expressed in its financial targets, which includes sales of SEK 4,500 million by 2025, and fulfils the applicable equity raise conditions in relation to the outstanding bonds of SEK 250 million issued by Pricer to Ture Invest Partners AB.
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