Business
Rovsing A/S : Result of Rights Issue
Rovsing A/S : Result of Rights
About this update from Rovsing A/s
[{"type":"text","content":"English Published: 2026-05-29 08:00:00 CEST Rovsing A/S - Inside information \n \n Result of Rights Issue\n \n Rovsing A/S - Inside information\n Rovsing A/S announces result of oversubscribed rights issue\n Rovsing A/S (\"Rovsing\" or the \"Company\") today announces the results of the rights issue announced on 4 May 2026 in Company Announcement no. 400/401 (the \"Offering\" or the \"Rights Issue\") offering new shares with a nominal value of DKK 10 each (the \"New Shares\") at a subscription price of DKK 30.00 per New Share with pre-emptive subscription rights (the \"Pre-emptive Rights\") for the Company's existing shareholders.\n \n \n The full Offering of 346,522 New Shares has been subscribed for, raising total gross proceeds to the Company of DKK 10,395,660.00. The Rights Issue was oversubscribed, with total subscriptions received amounting to DKK 13,029,480, corresponding to 125.3% of the Rights Issue. Due to the oversubscription, guarantee commitments have not been activated.\n \n \n \"We are pleased with the outcome of the Rights Issue and grateful for the strong support from both existing shareholders and new investors. The successful completion of the Rights Issue strengthens the Company's capital structure and financial flexibility.\" says Ulrich Ernst Beck, Chairman of Rovsing.\n Highlights of the Offering\n The Rights Issue was oversubscribed, with total subscriptions received amounting to DKK 13,029,480, corresponding to 125.3% of the Rights Issue.\n \n 310,662 New Shares were subscribed for through the exercise of Subscription Rights, corresponding to 89.7% of the Rights Issue.\n \n \n 123,564 New Shares were subscribed for through the Application Form, corresponding to 35.7% of the Rights Issue.\n \n Allocation of Remaining Shares\n Remaining shares are New Shares not subscribed for by Existing Shareholders through the exercise of Subscription Rights, or by acquirers of Subscription Rights prior to the expiry of the Subscription Period (the \"Remaining Shares\"). Allocation of the Remaining Shares in the Rights Issue was determined by the Company's Board of Directors, and all orders for Remaining Shares by use of the Application Form for Remaining Shares will receive pro-rata allocation.\n Timetable\n The Company expects to complete the Offering on 2 June 2026 after receipt of all subscription amounts, upon whic...