Fri 10 May 2019
Offerings - Mackmyra Svensk Whisky AB (publ) - Rights Issue of SEK 52.9m
Arctic Securities is acting as financial advisor in relation to the rights issue in Mackmyra Svensk Whisky AB (publ). Mackmyra Svensk Whisky AB (publ) is referred to as “Mackmyra” or “the Company”.
Shareholders have pre-emptive rights to subscribe for shares. Two (2) existing shares of A- and B-series held on the record date of June 5 2019, entitles to one (1) new share of the corresponding series at a subscription price of SEK 7.50 per share. The subscription period runs 10 June – 25 June 2019.
The rights issue is secured to 85 percent through subscription undertakings (44 percent) and underwriting (41 percent) up to SEK 45m. Subscription commitments have, among other things, been provided by a number of major shareholders and parts of the Board. The company's largest owner, Lennart Hero, has undertaken to subscribe for shares for SEK 10.7m. Of subscription commitments totalling SEK 23m, SEK 9.5m is meant to be paid through set-off of loans.
A Swedish prospectus and subscription note will be available before the subscription period on Mackmyra’s website, www.mackmyra.se and Arctic Securities website.