Mti Investment AbOMXSTO: MTI

MTI Investment Restructures Existing Loan Facility, Carries Out Directed Set-Off Issue

· Issued by Mti Investment Ab

MTI Investment AB (publ) OMXSTO:MTI:

  • MTI INVESTMENT RESTRUCTURES EXISTING LOAN FACILITY AND CARRIES OUT A DIRECTED SET-OFF ISSUE TO REDUCE COMPANY DEBT WITH APPROXIMATELY SEK 13.1 MILLION

  • TRANSACTION REDUCES TOTAL AMOUNT OF DEBT AND INTEREST ACCRUED FROM SEK 24.1 MILLION TO SEK 11.0 MILLION

  • DEBT IS SET OFF AGAINST ISSUANCE OF NEW SHARES AT A SUBSCRIPTION PRICE OF SEK 3.15791 PER SHARE

  • TRANSACTION WILL BRING HCJ'S OWNERSHIP FROM 12.44% TO 29.9%

  • FOLLOWING DIRECTED NEW ISSUE, HCJ WILL HOLD A TOTAL OF 6,224,859 SHARES IN COMPANY

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