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ALJXR - Archos SA News Story

€0.018 0.0  1.7%

Last Trade - 16/04/21

Sector
Technology
Size
Micro Cap
Market Cap £4.04m
Enterprise Value £11.0m
Revenue £19.7m
Position in Universe 816th / 847

BRIEF-Archos And VinSmart Announce Strategic Partnership

Tue 30th April, 2019 6:46am
April 30 (Reuters) - ARCHOS SA  ARCH.PA :
    * ARCHOS AND VINSMART ANNOUNCE STRATEGIC PARTNERSHIP
    * INVESTMENT FROM VINGROUP IN THE CAPITAL OF ARCHOS THROUGH 
ITS
SUBSIDIARY VINSMART
    * ISSUANCE OF ARCHOS SHARES, REPRESENTING 29.5% OF CAPITAL,
AND
SHARE SUBSCRIPTION WARRANTS TO BE SUSCRIBED BY ARCHOS
    * IN CASE ALL SHARE SUBSCRIPTION WARRANTS ARE EXCERCISED,
PARTICIPATION OF VINSMART IN CAPITAL of ARCHOS COULD REPRESENT
UP TO 60%
    * ARCHOS TO EMIT 27 460 000 NEW SHARE AT A SUBSCRIPTION
PRICE OF
EUR 0.281 PER SHARE 

    
 Source text: https://bit.ly/2Wa4WEw
    
 Further company coverage:  ARCH.PA  
   


 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920))
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