Cookies & Privacy

We use essential cookies to make our site work. With your permission, we’ll also use analytics and marketing cookies to improve your experience. You can change your choice anytime.

See our Privacy Policy for details.

Manage preferences
Cookie preferences
Back to Industry News
General

Ureka Rebuild AB Board Approves New Share Issue

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Dagens industri
general related image for: Ureka Rebuild AB Board Approves New Share Issue

Photo by Derek Lee on Unsplash

Key takeaways

  • Dagens industri reports that the board of Ureka Rebuild AB has decided on a new share issue, authorized by the general meeting
  • The purpose of the issue is to fund the expansion of what the company describes as Ukraine's first nationwide building materials chain, positioning it for the country's future reconstruction
  • The terms of the offering include a subscription price of 65 SEK per share, with a total volume of 100,000 shares
Dagens industri reports that the board of Ureka Rebuild AB has decided on a new share issue, authorized by the general meeting. The purpose of the issue is to fund the expansion of what the company describes as Ukraine's first nationwide building materials chain, positioning it for the country's future reconstruction. The terms of the offering include a subscription price of 65 SEK per share, with a total volume of 100,000 shares. The subscription period is set to run from October 27 to November 21. In a comment, CEO Johan Skålén stated that the company currently has 47 affiliated dealers and aims to increase sales and add more members to strengthen its market position. Skålén also revealed the company's ambition for an IPO in 2026, suggesting this may be the last share issue before a potential listing. He noted that previous issues have been oversubscribed. A full memorandum will be published before the subscription period begins.

Related Topics

Ureka Rebuild ABnew share issueemissioncorporate financefundingcapital raising

Share Your Thoughts

(0 comments)

Be the first to share your thoughts on this article!

Stay Updated

Create alertsRead original