Morrow Bank BTAs from rights issue stop trading July 1 ahead of conversion to shares
- Morrow Bank’s rights issue of 51,476,320 shares was fully subscribed, with total demand reaching 132.1% at SEK 11.5 per share.
- Subscription rights accounted for 46,876,424 shares, or 91.1% of the offer; non-rights applications covered 21,146,728 shares, or 41.1%.
- Gross proceeds totaled about SEK 592 million; net proceeds were about SEK 547 million, earmarked to fund part of the MedMera Bank acquisition.
- Trading in paid subscribed shares (BTA) is set to end on July 1; conversion to shares follows registration of the share capital increase.
- New shares are expected to start trading on Nasdaq Stockholm around July 9; the share count will rise to 283,119,761.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Morrow Bank AB published the original content used to generate this news brief on June 29, 2026, and is solely responsible for the information contained therein.
