Guarantees received for 40% of RNB's rights issue
(Thomson Reuters ONE) - In a press release dated August 26, 2009 and entitled RNB toimplement a combined rights issue and private placement, RNB RETAILAND BRANDS announced the Board of Directors' decision to implement aprivate placement of shares to Konsumentföreningen Stockholm (KfS) inan amount of approximately SEK 215 M and a rights issue withpreferential rights for the company's existing shareholders amountingto approximately SEK 100 M. Motions pertaining to these share issueswill be taken today, September 10, 2009, at an Extraordinary GeneralMeeting.Torsten Jansson, member of RNB's Board of Directors and owner of1.64% of the shares in the company, jointly with KfS,Konsumentföreningen Stockholm, has pledged to subscribe for sharescorresponding to approximately 40% of the issue proceeds from therights issue.For further information, contact:Mikael Solberg, PRESIDENT RNB RETAIL AND BRANDS+46 (0)8-410 520 20, +46 (0)768-87 20 20, e-mail:mikael.solberg(at)rnb.seCecilia Lannebo, IR RNB RETAIL AND BRANDS+46 (0)8-410 520 45, +46 (0)768-87 20 45, e-mail:cecilia.lannebo(at)rnb.seGunnar Bergquist, CFO RNB RETAIL AND BRANDS+46 (0)8-410 520 01, +46 (0)768-87 20 01, e-mail:gunnar.bergquist(at)rnb.seRNB RETAIL AND BRANDS AB is organized on the basis of two businessareas - Polarn O. Pyret and a distribution platform for national andinternational brands. Polarn O. Pyret is a brand focused on baby andchildren's wear. The distribution platform consists of two mainareas, Department Stores and Store Concepts. Department storeoperations are conducted via stores in the NK, Steen & Ström, Illumand Kosta outlet department stores. The store concepts comprise JC,Brothers and Sisters.http://hugin.info/132993/R/1340552/320357.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 10.09.2009 - 08:31 Uhr
Sprache: Deutsch
News-ID 5663
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