Share Capital Development
Directed new issue of shares
On 22 February 2023 Cavotec successfully carried out a directed new issue of 12,452,830 shares at a subscription price of SEK 13.25 per share, entailing raising proceeds of approximately SEK 165 million. The share issue entailed a dilution of approximately 11.7 percent of the number of shares and votes in Cavotec. After the directed share issue, the number of shares and votes are 106,467,758. The share capital is CHF 74,687,221.
The purpose of the share issue is to increase financial flexibility to support the company to execute on its strong order book, growth plans and in addition strengthen the Company’s financial position by reducing net debt.
Rights issue 2018
The board of directors of Cavotec SA (“Cavotec”) resolved on 2 November 2018 to issue new shares with preferential rights for the existing shareholders (the “Rights Issue”).
Due to legal restrictions, the information on this part of Cavotec’s website is not accessible to certain persons. Access to this information is limited to persons resident and physically present in Sweden and to authorized persons who are resident and physically present in other jurisdictions outside the United States, Canada, Australia, Japan, Hong Kong, New Zealand, Singapore and South Africa.
Please choose one of the following:
I am a resident of the selected country and physically present in that country