*

Hitt og þetta 25. apríl 2006

Displayit AB raises SEK16m in new share issue

Nordic Business Report-April 25, 2006-Displayit AB raises SEK16m in new share issue
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish professional digital display solutions provider Displayit AB said on Tuesday (25 April) that it has raised SEK16m in a new share issue.

The shares were subscribed to by new and existing investors.

The proceeds from the share issue secure the company's short and long term financing.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))