BoMill AB (publ) preferential share issue of 23,3 MSEK was oversubscribed

The subscription period in the preferential share issue in BoMill AB (publ) ("BoMill" or "Company") ended on May 12. The share issue was subscribed to 105,6 %. BoMill will receive 21,3 MSEK after transaction costs.

The new share issue increases the number of shares from 15 509 690 shares to 46 529 070 shares. The restricted share capital increases from 7 754 845 SEK to 23 264 535 SEK.

There will be trading with BoMill BTA on First North until registration with the Swedish company registration office which is planned to be completed in June 2022.

Notice for payment will be sent to subscribers without preferential rights with the final payment on May 19, 2022.

“We are very satisfied and much appreciate the support from both current and new shareholders after completion of the preferential share issue. I am together with the team at BoMill excited to launch our new modular high-capacity sorting equipment during the year and set a new standard for the grain and food industry.” says Andreas Jeppsson, CEO of BoMill.

This press release contains inside information that BoMill AB (publ) is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication on May 17, 2022, at 08.00am CEST.