The board of directors of WeSC has proposed that an extraordinary general meeting resolves on an issue of shares with preferential rights for existing shareholders. The extraordinary general meeting is to be held on 12 April 2018. The rights issue is carried out in conjunction with the restructuring phase and reconstruction of the subsidiary We International AB.
The rights issue is covered to approximately 60 per cent by subscription undertakings from existing shareholders.
WeSC designs, markets and sells clothing and accessories in the premium streetwear segment of the international market under the WeSC brand.
Advokatfirman Lindahl assists WeSC in the transaction with Maria Arnoldsson (partner in charge of the project) together with Anton Knifström, Oliver Kronberg and Mimi Hörnmo (Capital Markets and public M&A), and Lars-Henrik Andersson, Johan Hörnberg and Ida Jonasson (Banking and finance), among others.