This press release may not be released, published or distributed, directly or indirectly, in the US, Canada, Australia, Hong Kong, New Zealand, South Africa or Japan.
On May 22, 2012, Rabbalshede Kraft announced that its Board of Directors, based on authorization granted by the Annual General Meeting on May 3, 2012, had resolved on a new issue of Class B shares with preferential rights for existing shareholders. The aim of the issue is to secure continued development work and value growth in the project portfolio, and to strengthen the Company’s working capital. In the event of full subscription of the Offering, the Company will raise SEK 113 M, before issue costs.
The prospectus has been approved by the Swedish Financial Supervisory Authority and is available as of today on Rabbalshede Kraft’s website, www.rabbalshedekraft.se, as well as Alternativa Sweden’s website, www.alternativa.se.
Schedule for the issue
· June 7, 2012 Record date
· June 11-15, 2012 Trading in subscription rights
· June 11-25, 2012 Subscription period
· June 28, 2012 Release of issue results
Trading in subscription rights will be possible through Alternativa Sweden during the period June 11-15, 2012. Trading in subscription rights enables both existing and new shareholders to subscribe for shares. Subscription rights that shareholders do not intend to exercise must be sold not later than June 15, 2012.
Thomas Linnard, President
Tel. 46 (0)525 - 197 11, 46 (0)706 100 120
Kent Söderström, CFO
Tel. 46 (0)525-197 13, 46 (0)733 307 280
Rabbalshede Kraft AB (publ)
SE-457 55 Rabbalshede, Sweden
Telephone 46 (0)525-197 00
Corp. Reg. No. 556681-4652