Press release from Companies

Publicerat: 2018-11-28 14:00:30

Safe at Sea AB: The outcome of the rights issue in Safe at Sea

The preferential issue initiated on November 8 and closed on November 22, subscribed to 3.24 MSEK, which corresponds to a subscription ratio of approximately 81%. The issue costs are estimated to MSEK 0.25.

The issue resulted in the number of shares increasing by 1,295,789. Following the issue, the company will have 4,499,226 shares and a share capital of SEK 3,374,419.50.

This will bring 3.24 MSEK to the company. The Board"s target was to raise 4 million SEK in the issue, which was subscribed to 81 %, SEK 3.24 million.
"The Board would like to express its sincere thank you to our existing and new shareholders for their confidence in the plan we presented, for a profitable future".

The Board and Management estimate that the SEK 3.24 million will be sufficient to implement the measures and investments described in the rights issue prospectus. The Board is grateful for your trust and will now focus on commencing with the execution of the plan.

Board of Directors, Safe at Sea AB

For further information,
please contact

Hans Bergenheim, Chairman of the Board                                 Kaj Lehtovaara, CEO

+46 (0)702-68 67 10                                                                   + 46 (0)735 – 46 67 60


For more information please contact

Kaj Lehtovaara,                                     

Telefon +46 (0)735 46 67 60
kaj@safeatsea.se


Safe at Sea AB manufactures and sells a unique rescue boat, the RescueRunner, the most efficient system in the world to bring people in distress out of the water. Safe at Sea AB also is the owner of Safe at Sea Management AB. Safe at Sea AB is listed on Spotlight Stock Market.  

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