RNB's rights issue fully subscribed
(Thomson Reuters ONE) - RNB RETAIL AND BRANDS AB's ("RNB") new share issue with preferentialrights for existing shareholders is fully subscribed. A total of15,673,637 shares, corresponding to about 96,1 percent of the sharesoffered, were subscribed for based on subscription rights. Inaddition, has 36,691,247 shares, corresponding to about 225 percentof the shares offered, were subscribed without support ofsubscription rights.The shares that were not subscribed for on the basis of subscriptionrights will be allotted to those who subscribed without support ofsubscription rights in accordance with the principles described inthe prospectus. The share issue is thus fully subscribed. Through therights issue, RNB will receive about SEK 100 M before issue costs.Under the terms of the rights issue, shareholders with preferentialrights were able to subscribe for one new share for every sevenexisting shares held. The issue price was SEK 6.15. The final datefor subscription was October 9, 2009. As a result of the rightsissue, the number of RNB shares increased by 16,308,237 and the sharecapital by SEK 16,308,237. Following the rights issue, RNB's sharecapital amounts to SEK 165,425,251 and the number of shares to165,426,251. The shares subscribed for on the basis of preferentialrights are expected to be subject to trading on NASDAQ OMX Stockholmas of October 21, 2009.RNB RETAIL AND BRANDS AB (publ)For further information, please contact:Cecilia Lannebo, IR RNB RETAIL AND BRANDSTel: +46 8 410 520 45, +46 768 87 20 45, e-mail:cecilia.lannebo(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/1347326/323910.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 14.10.2009 - 08:30 Uhr
Sprache: Deutsch
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