Crown Energy Bond Issue.
/Crown Energy (where Comtrack is a founder shareholder) announced a fully underwritten issue of convertible bonds with preferential rights for the company’s shareholders. The subscription price is SEK 10 per convertible bond, which represents gross proceeds of approximately SEK 65 million (circa $10 million) before deduction for transaction costs. Comtrack will take up an amount of these convertible bonds in excess of its rights. The subscription period ends at the end of April.