Hilbert Group AB (publ) has Resolved to Carry Out a Directed Issue of SEK 10 - 20 Million in a M&A Preparation Capital Raise
STOCKHOLM, SWEDEN / ACCESSWIRE / November 10, 2023 / Hilbert Group (STO:HILB-B)(FRA:999) THIS PRESS RELEASE MAY NOT BE RELEASED, PUBLICATED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION IN WHICH SUCH ACTION IN WHOLE OR IN PART, IS …
STOCKHOLM, SWEDEN / ACCESSWIRE / November 10, 2023 / Hilbert Group (STO:HILB-B)(FRA:999) THIS PRESS RELEASE MAY NOT BE RELEASED, PUBLICATED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION IN WHICH SUCH ACTION IN WHOLE OR IN PART, IS SUBJECT TO LEGAL RESTRICTIONS. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER, OR A SOLICITATION OF ANY OFFER, TO BUY OR SUBSCRIBE FOR ANY SECURITIES IN HILBERT GROUP AB (PUBL) IN ANY JURISDICTION. PLEASE REFER TO THE "IMPORTANT INFORMATION" SECTION BELOW.
Hilbert Group AB (publ) has resolved to carry out a directed issue of B-shares in an amount of SEK 10 - 20 million. The terms will be determined through negotiations on arm's length basis with the potential subscribers.
Subscription will commence this evening, the 10th of November, and the outcome of the directed Issue will be announced before trading commence on Monday the 13th of November.
"We see significant M&A opportunities for accretive acquisitions and the proceeds from the new issue will enable us to see through multiple opportunities. In addition, the proceeds will be used for general corporate purposes. These carefully chosen opportunities all have the common denominator that they will significantly increase the assets under management, and hence the revenues for Hilbert Group", comments Niclas Sandström, CEO of Hilbert Group.
For additional information, please contact:
Niclas Sandström
CEO Hilbert Group AB
Phone: +46 8 502 353 00
Email: ir@hilbert.group
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Important information
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securities in Hilbert Group in any jurisdiction, neither from Hilbert Group nor from someone else.