FLSmidth & Co. A/S to issue up to 6,400,000 new shares in a directed issue and private placement
Company announcement 13-2021 – 9 September 2021
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The Board of Directors of FLSmidth & Co. A/S (FLSmidth or the Company) has resolved to launch an offering of new shares at market price (the Offering). The Offering will be completed through an accelerated book-building process and will consist of up to 6,400,000 new shares of DKK 20 each (the New Shares), representing up to 12.49% of FLSmidth's currently registered share capital in a private placement directed at institutional and professional investors in Denmark and certain other jurisdictions.
Background for the Offering
The net proceeds from the Offering are intended to be used for payment of the purchase price in respect of the Company’s contemplated acquisition of Thyssenkrupp AG’s