Brief: Agrana places first tranche of its cash capital contribution

Agrana Beteiligungs AG

01/02/2017 06:58

Feb 1 (Reuters) - Agrana Beteiligungs Ag  AGRV.VI  
    * Places first tranche of its cash capital contribution and 
together with Südzucker successfully completes institutional 
pre-placement 
    * Total of 1,316,720 new Agrana shares and 500,000 existing 
agrana shares held by Südzucker placed 
    * Offer price set at 100 euros ($107.78) 
    * Gross proceeds of 131.67 million euros for new agrana 
shares and gross proceeds of 50 million euros for existing 
agrana shares offered by Südzucker generated 
    * Free float increases to 18.4 pct 
 
Source text for Eikon:  ID:nEuBA23a  
Further company coverage:  AGRV.VI  
 
($1 = 0.9278 euros) 
 
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