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Scout Gaming issues new shares to fund US expansion

31st October 2018 11:22 am GMT
Scout Gaming Group

Stockholm-listed Scout Gaming Group had issued 900,000 new shares to institutional investors to fund the company's expansion in the United States.

The new issue was led by Swedbank Robur, which now owns 8.88 per cent of the enlarged share capital of the company, with existing shareholders Novobis AB, Knutsson Holding AB, Isoquant Holding AB, Naxs AB and Lars Wingefors AB also subscribing for new shares in the rights issue.

Scout Gaming Group will receive proceeds of approximately [...]

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