*SAID ON TUESDAY STARTED PROCESS TO TRANSFER ITS LISTING TO MAIN MARKET, NASDAQ STOCKHOLM, AFTER NEARLY FOUR YEARS ON NASDAQ FIRST NORTH PREMIER GROWTH MARKET
*RESOLVED TO CARRY OUT SHARE DISTRIBUTION TO GENERAL PUBLIC, COMPRISING UP TO 800,000 NEWLY ISSUED SHARES
*NET PROCEEDS WILL FURTHER ENHANCE GROUP'S FINANCIAL FLEXIBILITY FOR POTENTIAL FUTURE ACQUISITIONS
*SUBSCRIPTION PRICE PER SHARE WILL CORRESPOND TO VOLUME-WEIGHTED AVERAGE PRICE FOR SHARE DURING SUBSCRIPTION PERIOD, WITH DISCOUNT OF 8%
*ALLOCATION IN OFFERING WILL BE DECIDED BY BOARD OF DIRECTORS IN CONSULTATION WITH AVANZA
*LATE HARVEST WINE GROUP 1971, WHOLLY OWNED COMPANY OF CEO EMIL SALLNÄS, WILL LEND 800,000 SHARES TO AVANZA
((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 24-SEP-202505:22:38 GMT