UBS saw 99.4% of rights issue shares taken up

Discussion in 'Stocks' started by ASusilovic, Jun 13, 2008.

  1. aid Friday that it has successfully completed its 15.97 billion Swiss franc rights offering. UBS issued 760,295,181 new shares at 21 Swiss francs a share. Subscription rights for 755,466,901 new shares were exercised, representing 99.4% of new shares offered. The remaining 4,828,280 new shares will be sold by UBS Investment Bank in open market transactions on 13 June 2008.{E91C51AF-9023-4632-B5EA-5BBAE015694A}

    Time to buy some UBS shares...