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Finwire

Finnish Financial Supervisory Authority approves Revenio’s rights issue prospectus

The Finnish Financial Supervisory Authority has approved Revenio Group’s Finnish-language prospectus for the company’s fully underwritten rights issue of approximately EUR 80 million, according to a press release.

The subscription period begins on 28 September and runs until 12 October. Trading in subscription rights on Nasdaq Helsinki takes place between 28 September and 6 October.

William Demant Invest, Caravelle Capital and the other sellers in the acquisition of Visionix have undertaken to subscribe for a total of approximately 31.4 percent of the shares offered. Nordea has also entered into an underwriting agreement for the portion of the issue not covered by the subscription commitments.

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