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Gapwaves completes a directed new share issue of 2,500,000 Class B shares, raising proceeds of approximately SEK 74 million

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The board of directors of Gapwaves AB (“Gapwaves” or the “Company”) has, as communicated in the Company’s press release on 1 October 2019, resolved to carry out a new share issue of 2,500,000 Class B shares. The subscription price in the Directed New Share Issue amounts to SEK 29.50 per share, resulting in a discount of 8.6 percent compared to the volume weighted average price during the last thirty trading days. Through the Directed New Share Issue, Gapwaves will receive proceeds amounting to approximately SEK 74 million before transaction costs. Investors in the Directed New Share Issue

Source: Gapwaves completes a directed new share issue of 2,500,000 Class B shares, raising proceeds of approximately SEK 74 million

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