Monday 17 February, 2020 15:05 | Regulatorisk information

Summary from Collector’s Extraordinary General Meeting 17 February 2020

Collector AB (publ) ("Collector") today held an Extraordinary General Meeting (the "EGM"). The EGM resolved in accordance with the Board's proposal regarding authorization for the Board to resolve on a new issue of ordinary shares with preferential rights for the existing shareholders (the "Rights Issue"). The net proceeds from the Rights Issue will be used to strengthen the company’s capital base.

By making use of the authorization, the Board shall have the right to execute the Rights Issue with total proceeds of approximately SEK 1,000m.

The Board will resolve upon and make public the terms for the Rights Issue on or around 25 February 2020, including the amount by which the share capital of Collector will increase, the number of shares to be issued, the subscription price for the new shares, the record date for participation in the Rights Issue and the subscription period.

Collector has obtained subscription and guarantee undertakings corresponding to 100 percent of the Rights Issue.

 

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Press contacts

Madeleine Mörch 
Communication & IR Manager 
Lilla Bommens Torg 11 
411 04 Göteborg
+46 73 712 04 52
madeleine.morch@collectorbank.se

About Collector bank

Collector Bank is a niche bank that offers cost-effective and innovative financial solutions to private and corporate customers. Innovation is one of our major drivers. Read more about Collector

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