Result of New Issue

2010-12-13 17:09

Challenger Mobile has from November 1st to November 15th made a new rights issue with preference to existing share holders. Almost 80% of the new shares were subscribed for, which brings additional 2,6 million SEK to Challenger Mobile after withdrawal of issue expenses. According to the board this result is sufficient to continue the company’s activities as planned.

Before the new issue the company had 3 757 930 shares, of which 300 000 were type A and the rest were type B. During the rights issue 2 923 795 shares of type B were subscribed for, and thus the total number of shares is 6 681 725. The share capital increases with 1 023 328,25 SEK.