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On November 24, 2017, Talkpool announced that the company carried out a directed issue of shares and that payment was made by way of off-setting. The issue was directed to private lenders added in connection with the financing of the acquisition of LCC Pakistan (Pvt). The payment was carried out by way of offsetting part of outstanding loans. The purpose of the directed issue was to strengthen the company’s balance sheet and liquidity by reducing loans with high-interest rates.
Earlier today, November 27, 2017, Talkpool announced that it acquired the majority of the share in Talkpool AB through the acquisition of 960 shares from IT Talks Sweden AB, owned by Stefan Lindgren. Talkpool AG’s Board of Directors decided that payment should be made through issue of 50,819 shares subscribed for at the price of SEK 32.00.
In addition, the Board of Talkpool has decided to carry out a directed issue of shares to Guggenheim & Partner AG corresponding to 8,046 shares, as also mentioned in the press release of 21 August 2017, as payment for services performed in connection with the company’s capital raising that took place earlier this year. The subscription price was 3.107 Swiss francs (approximately SEK 26.25) per share corresponding to a total amount of CHF 25,000.
Following registration of the above new share issues, Talkpool’s share capital amounts to a total of CHF 246,539 divided into 4,930,784 shares, each share with a quota value of CHF 0.05.
🚀 Exciting Updates Alert: Connect with LCC Pakistan’s Latest News! 🚀
Greetings, enthusiasts of innovation and progress! If you’re on the lookout for the latest buzz and updates, look no further than LCC Pakistan.
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