CybAero: working on directed share issue

Research Note

2015-06-23

09:01

CybAero announced after market close yesterday that they have started a process for a potential share issue, directed at a limited number of Swedish and international institutional and strategic investors. This is possible under an authorization from the AGM earlier this year to issue up to 3 million new shares. As of this morning, the company informed that the process has been extended over the initially planned deadline (today, 8:45 am), without naming a new deadline, since negotiations with a number of international investors in different timezones are still ongoing. We will update this as soon as new information is available.

AS

Alexander Sattelmaier

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