Paynova: Share Issue at a Premium
Research Note
2020-08-24
11:05
Redeye has a positive view of the directed share issue as it will lower the financial risk and help Paynova focus on the operational execution. The share issue was conducted at an 11% premium compared to the latest closing price and is directed to several private investors, including the two largest shareholders.
JA
TO
Jonas Amnesten
Tomas Otterbeck
Disclosures and disclaimers