Recyctec Holding AB (publ) (XSAT:RECY B) announced a private placement of 260,000 B shares at a price of SEK 10.60 per share for gross proceed of SEK 2,756,000 on March 4, 2016. The transaction will be carried out without the pre-emptive rights with new investors. The transaction will include participation from Anders Bodin for 250,000 shares and Magnus Dahl for 10,000 shares.

The subscription period ends on March 4, 2016. The transaction has been approved by the company's board of directors.