Nordic Business Report-April 12, 2006-Stille AB raises SEK22.20m in directed share issue
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish medical technical products developer and manufacturer Stille AB said on Tuesday (11 April) that it has decided to carry out a directed new share issue of 60m shares to Catella Healthcare Investments.
The proceeds from the share issue, approximately SEK22.20m before costs, will strengthen the company's financial position.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
((Comments on this story may be sent to email@example.com))