The company raises approx. SEK 45 million before deduction of issue related costs through its rights issue, for which the subscription period ended on October 30, 2020. The outcome shows that 6 273 741 shares, corresponding to approx. 19 % of the rights issue were subscribed for with preferential rights. Additionally, 569 674 shares, corresponding to approx. 2 % of the rights issue, were subscribed for without preferential rights. In accordance with the guarantee commitments, 23 183 254 shares, corresponding to approx. 69 % of the rights issue, were subscribed by guarantors.
ASTG is hereby notifying that the new rights issue, which the company has carried out, has been subscribed to 198%, of which 67% was subscribed for with subscription rights. The issue has thus been oversubscribed and allocation will primarily be made to those who have subscribed with the support of subscription rights and secondary subscription rights. As a result, the guarantee commitments which covered 70% of the rights issue amount will not be used.
A new share issue in ASTG that the company has completed in April 2019 has been subscribed to 122.05%. The issue has thus been oversubscribed and allocation will primarily be made to those who have subscribed with the support of subscription rights
On February 19, the subscription period for ASTG's rights issue ended with preferential rights. The issue, which amounted to a maximum of about SEK 22.3 million, was subscribed to about 89% or the equivalent of about SEK 19.8 million. Of these, 123,192,474 shares were subscribed, which corresponds to approximately 7.4 MSEK supported by subscription rights. 23,709,252 shares or the equivalent of approximately SEK 1.4 million were subscribed without support for subscription rights. All in all, this corresponds to a subscription rate of about 45%. The remaining part of approximately SEK 11 million was subscribed for through set-off in accordance with the guarantees communicated in the issue memorandum.
The company's share capital increases by SEK 7,883,491.70 from SEK 8,881,729.33 to SEK 16,765,221.03 by issuing 329,507,978 new shares, which increases the total number of shares from 371,231,528 to 700,739,506. Trading with BTA takes place until the issue is registered with the Swedish Companies Registration Office.