Société Suisse des Explosifs SA announced that it will issue 1,400 common shares at a price of CHF 2,800 per share for gross proceeds of CHF 3,920,000 on July 1, 2020. The transaction will include participation from returning investor nebag ag (SWX:NBEN) for at least 600 shares, to increase its stake in the company by 1.8% to around 4%. The transaction is mainly open to existing shareholders. The board of directors reserves the right to increase the number of new shares, without exceeding a total of 2,000 new shares.