Brøndby has received 129 million

Brøndby IF has been boosted by the eur 129,1 billion euros for a share offering. In total there were in advance given the commitment of proceeds of a minimum

Brøndby has received 129 million

Brøndby IF has been boosted by the eur 129,1 billion euros for a share offering. In total there were in advance given the commitment of proceeds of a minimum

Ann McDonald
Ann McDonald
13 February 2020 Thursday 13:00
7 Reads
Brøndby has received 129 million

Brøndby IF has been boosted by the eur 129,1 billion euros for a share offering.

In total there were in advance given the commitment of proceeds of a minimum of 102,8 million euros.

the Result was 26.3 of millions of dollars more.

If you cut the repayment of debt from, so there is 35,9 million dollars back.

- the Result of the provision makes that Brøndby IF can reduce its interest-bearing debt, strengthening cash resources to support future operations, as well as begin the renovation of the South side and the part of the north stand, which houses the udeholdets fans, in order to restore the full tilskuerkapacitet to the delight of the fans and the sponsors, write the club in to a company announcement.

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Executive director Ole Palmå are well satisfied, even if the maximum proceeds at issue was 156,1 million. kr.

- We are very pleased with the result of the emission, and we see it as a big vote of confidence for the club and the strategy. It is the most profitable issue, the club has made to date, and we look forward in particular to see, how many shareholders and investors, big and small, which have contributed to the fact that we can now take the next step together, " he says in a press release.

As the prospectus was published in January, could the club report that the majority shareholder Jan Bech Andersen and a board member Torben Bjørn Christensen had given the undertaking that they would convert their claims on 93,2 million dollars to the new shares.

Jan Bech Andersen's share is expected to be around 56%.

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Updated: 13.02.2020 13:00
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