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Rottneros AB ( (SE:RROS) ) has provided an announcement.
Rottneros AB has announced an Extraordinary General Meeting to approve a new issue of shares with preferential rights for existing shareholders, amounting to approximately SEK 300 million. The company’s largest shareholder, Arctic Paper S.A., has committed to fully support the rights issue, ensuring it is fully secured through subscription commitments and guarantee undertakings.
More about Rottneros AB
Rottneros AB operates in the pulp and paper industry, focusing on the production of high-quality pulp products. The company serves a global market with a strong emphasis on sustainable and efficient manufacturing processes.
Average Trading Volume: 94,788
Current Market Cap: SEK884.9M
For detailed information about RROS stock, go to TipRanks’ Stock Analysis page.