FlyMe asks shareholders for cash
TT/The Local · 2 Aug 2006, 16:09
Published: 02 Aug 2006 16:09 GMT+02:00
The preferential issue will allow each shareholder to buy 10 new shares for the current price of one share, 1.30 kronor.
The company wants the money to fund "widespread acquisitions for continued growth."
The board called an extraordinary general meeting of the company for August 31st, where it will ask shareholders for approval of the plans.
FlyMe is based in Gothenburg, flying to around 15 destinations around Europe.