Last day of trading in AAC Clyde Space BTA is August 4, 2023
LAST DAY OF TRADING IN AAC CLYDE SPACE BTA IS AUGUST 4, 2023
2023-08-04 AAC Clyde Space AB (publ)
AAC Clyde Space AB ("AAC Clyde Space" or the "Company") announces that the last day of trading in paid subscribed shares (BTA) on Nasdaq First North Growth Market is today, August 4, 2023. Conversion of BTA into ordinary shares at VPC will take place on August 8, 2023, whereafter new shares will be admitted to trading on August 10, 2023.
AAC Clyde Space's rights issue, whose subscription period ended on July 17, 2023, has now been registered with the Swedish Companies Registration Office. Trading in BTA's will therefore cease as BTA's are replaced with ordinary shares.
The Board of Directors and management of the Company have subscribed for shares in the rights issue as well as purchased shares in the market following the rights issue, for a total of 8.9 million shares, bringing their total holdings to 34.4 million shares. The largest investments have been made by Dino Lorenzini (CTO), adding 7.2 million shares to a total of 31.2 million shares (including holdings by closely associated persons), Rolf Hallencreutz (chair), more than doubling his holding from 372,864 shares to 771,580 shares, CEO Luis Gomes, adding 613,580 shares to 674,508 shares and CFO Mats Tideman, adding 406,000 shares to 488,000 shares.
Through the rights issue, the total number of shares in AAC Clyde Space has increased by 79,405,296 shares, from 204,811,010 shares to 284,216,306 shares.
FOR MORE INFORMATION:
Please visit: www.aac-clyde.space or contact:
CEO Luis Gomes [email protected]
CFO Mats Thideman, [email protected], mobile +46 70 556 09 73
The following documents can be retrieved from beQuoted
AAC-Clyde-Space-Press-release-2023-08-04.pdf
ABOUT AAC CLYDE SPACE
AAC Clyde Space specialises in small satellite technologies and services that enable businesses, governments and educational organisations to access high-quality, timely data from space. Its growing capabilities bring together three divisions:
Space Data as a Service - delivering data from space directly to customers
Space missions - turnkey solutions that empower customers to streamline their space missions
Space products and components - a full range of off-the-shelf and tailor-made subsystems, components and sensors
AAC Clyde Space aims to become a world leader in commercial small satellites and services from space, applying advances in its technology to tackle global challenges and improve our life on Earth.
The Group's main operations are located in Sweden, the United Kingdom, the Netherlands, South Africa and the USA, with partner networks in Japan and South Korea.
AAC Clyde Space's shares are traded on Nasdaq First North Premier Growth Market. Erik Penser Bank AB is the Certified Adviser. The share is also traded on the US OTCQX-market under the symbol ACCMF.