Nexstim has successfully raised the targeted €6.6m (€6.4m net), at a price of €0.03 (or SEK0.31) per issue share. The raise was oversubscribed by an equivalent of 178.1% of the maximum planned. A total of 219.8m new shares will be issued, of which 209.1m were through subscription rights (95.2% uptake). The remaining 10.7m offer shares (4.8%) were allocated to holders of subscription rights; no offer shares were allocated to nonholders of pre-emptive rights.
08 Apr 2021
Rights issue 178% oversubscribed
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Rights issue 178% oversubscribed
Nexstim PLC (0W8N:LON) | 0 0 0.0%
- Published:
08 Apr 2021 -
Author:
Franc Gregori | Lala Gregorek -
Pages:
2
Nexstim has successfully raised the targeted €6.6m (€6.4m net), at a price of €0.03 (or SEK0.31) per issue share. The raise was oversubscribed by an equivalent of 178.1% of the maximum planned. A total of 219.8m new shares will be issued, of which 209.1m were through subscription rights (95.2% uptake). The remaining 10.7m offer shares (4.8%) were allocated to holders of subscription rights; no offer shares were allocated to nonholders of pre-emptive rights.