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Arribatec Group Successfully Completes Oversubscribed Rights Issue

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Arribatec Group Successfully Completes Oversubscribed Rights Issue

Arribatec Group ASA ( (DE:B7Z0) ) has provided an announcement.

Arribatec Group ASA has successfully completed its rights issue, resulting in the allocation of 350 million new shares and raising NOK 35 million in gross proceeds. The oversubscription of the rights issue means that all shares were allocated based on valid subscriptions without requiring underwriter involvement, and shares are expected to be tradable on the Oslo Stock Exchange by 6 February 2025.

More about Arribatec Group ASA

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €10.17M

For a thorough assessment of B7Z0 stock, go to TipRanks’ Stock Analysis page.

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