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0.000480538202787026 0.000360403652090355 0.000270302739067681 -0.000120134550696842 -0.000600672753484039 -0.00192215281114862 -0.00120134550696791 -0.00258289283998082
Stock impact report

Bang & Olufsen launches private placement of new shares targeting proceeds of around DKK 228 million [Yahoo! Finance]

Nasdaq, Inc. (NDAQ) 
Last nasdaq, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.nasdaq.com
Company Research Source: Yahoo! Finance
KONG OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT A PROSPECTUS AND DOES NOT CONSTITUTE A PUBLIC OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN Bang & Olufsen launches private placement of new shares targeting proceeds of around DKK 228 million Today, the Board of Directors of Bang & Olufsen (“B&O” or the “Company”) has resolved to launch an offering of new shares at market price (the “Offering”). The Offering will be completed as a private placement of up to 24,554,416 new shares (the “New Shares”) with a nominal value of DKK 5 each targeting gross proceeds of approximately DKK 228 million, corresponding to approximately 20% of B&O's currently registered share capital. Background for the Offering and use of proceeds On 3 July 2024, the Company announced its plan to raise additional capital to support the acceleration of its strategic execution, aiming to drive long-term growth and f Show less Read more
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