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Philosophy of Piratism

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Submitted By Joakimberglund
Words 327
Pages 2
1.
ABC Group Board of Directors has decided today September 21 200x to exercise a global share issue which aims to reduce debt and strengthen the equity ratio of the company. Groups AGM in March 8 200x authorized the board to increase the company’s share capital by issuing x shares and decided not to grant pre-emptive right to existing shareholders. The issue that aims to raise x will be decided in half: Finland and the rest of the world apart from USA and Canada, The tranche of Finland will be issued to Finnish retail investors and communities. The pricing of the global offering dictates by book-building procedure.
ABC Group’s shares are quoted at London Stock Exchange. In recent times, the stock price has been quoted a €5-5,5 on the Helsinki SE. Each market condition is highly significant to the stock market flotation’s success; “Often have been many failures because the deadlines agreed advance were too strictly held on.” Says the CFO Thomas Miller. He also says that “the good profit from previous years allows the management to believe in the issues attractiveness which will lure foreign investors and gives coverage for their money”. ABC Group will have a financially sound future and good preconditions to grow continuously.

2.
Beeta Corporation a biotechnology firm owned by the Finnish Alfa Group announced today that it has finalized a targeted share issue to a US investor group.
Beeta allocates in a targeted share issue 4.090.909 new Beeta shares to an investor group lead by Capital LLP at 2.20 dollars per share each of them convertible one to one to ordinary Beeta shares.

Preferred shares are not entitled to dividends but rank ahead of ordinary shares in order of preference.

Beeta obtains new equity financing totaling 9 million US dollars. The deal is used to increase Beeta's working capital and to amortize debts. The issue strengthens the

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