ÄNGELHOLM, Sweden,
Nov. 21,
2022 /PRNewswire/ -- As previously announced
today, the board of directors of OXE Marine AB (publ) ("OXE Marine"
or the "Company") has today resolved to raise funding to build up
working capital to accelerate growth and to support strategic
initiatives. The share issue has now been fully subscribed, which
raises SEK 70 m for the
Company.
Directed share issue
Through the share issue, OXE Marine raises MSEK 70. Out of the
total amount, SEK 68.575 m was
resolved by the board under the mandate from the annual general
meeting and SEK 1.425 m is directed
to a company owned by board member Christian von Koenigsegg and
will be subject to approval by the general meeting.
The shares were issued at a subscription price of SEK 1.425
per share, which represents a premium of 0.5 percent to the 30
day average price for the Company's share on Nasdaq First North
Growth Market ending on 18 November
2022.
Through the share issue and provided that the general meeting
approves the directed share issue of SEK 1.425 m to a company
owned by board member Christian von Koenigsegg, the number of
shares in OXE Marine will increase by 49,122,807, from 254,945,260
to 304,068,067 shares, and the share capital will increase by
SEK 1,472,928.64, from SEK 7,644,436.39 to SEK
9,117,365.03.
For further information about the directed share issue, please
refer to the press release published earlier today and which is
available on the Company's website www.oxemarine.com.
CONTACT:
Certified Adviser
FNCA Sweden AB is Certified Adviser for OXE Marine AB (publ).
Contact details to FNCA Sweden AB: tel. +46 8 528
00 399, e-mail info@fnca.se.
For further information, please contact:
Anders Berg, CEO,
anders.berg@oxemarine.com, +46 70 358 91 55
Jonas Wikström, Chairman of the board,
jonas.wikstrom@oxemarine.com, +46 70 753 65 66
OXE Marine AB (publ) (NASDAQ STO: OXE) has, after
several years of development, constructed the OXE Diesel, the
world's first diesel outboard engine in the high-power segment. The
Company's unique patented engine-to-propulsion power transmission
solutions have led to high demand for the Company's engines
worldwide.
The following files are available for download:
https://mb.cision.com/Main/16067/3669790/1682622.pdf
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20221120 OXE Marine -
Share issue fully subscribed
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SOURCE OXE Marine AB