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Article: Danish Boconcept eyes to issue new shares.
- Article from:
- Nordic Business Report
- Article date:
- September 17, 2009
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NORDIC BUSINESS REPORT-17 September 2009-Danish Boconcept eyes to issue new shares(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
17 September 2009 - Danish luxury furniture retailer Boconcept Holding A/S (CPH: BOCON B) said today it plans to sell up to 342,087 B Series shares to domestic and international institutional investors.
The proceeds will be used to reduce the interest-bearing debt.
Boconcept will offer up to 238,374 new B shares, representing some 9.99% of the company's entire issued B share capital, and up to 103,713 existing B shares currently held as ...