Morrow Bank launches SEK 600 million rights issue at SEK 11.5 per share

  • Morrow Bank launched a fully guaranteed rights issue of 51,476,320 new shares to raise about SEK 600 million for its MedMera Bank acquisition.
  • Shareholders on record on June 5 receive one subscription right per share; nine rights subscribe for two new shares at SEK 11.5 each.
  • Subscription runs June 9 to June 23; subscription rights trade June 9 to June 17; paid subscribed shares trade June 9 to July 1.
  • Non-participating shareholders face 18.2% dilution if fully subscribed; share count rises to 283,119,761 from 231,643,441.


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