Brief: Atari Announces Success Of Its Share Capital Increase

Atari SA

30/03/2022 17:21

March 30 (Reuters) - ATARI SA  ATAR.PA :
    * SUCCESS OF ATARI'S SHARE CAPITAL INCREASE IN AMOUNT OF EUR
12.5
M
    * CAPITAL INCREASE WILL BE USED TO STRENGTHEN COMPANY'S
BALANCE
SHEET WITH REIMBURSEMENT OF SHAREHOLDER LOANS, TO CLEAR WORKING
CAPITAL WITH PAYMENT OF ITS SHORT-TERM DEBTS AND TO GAIN
ADDITIONAL FINANCIAL FLEXIBILITY ALLOWING TO INVEST IN GROWTH
INITIATIVES
    * TOTAL DEMAND AMOUNTED TO 19,7 MILLION EUROS
    * IRATA NOW HOLDS 21,37% OF SHARE CAPITAL OF ATARI
    * ISSUANCE OF 76,506,857 NEW SHARES OF COMPANY

Source text for Eikon:  urn:newsml:reuters.com:*:nGNE8lXB7p
Further company coverage:  ATAR.PA 

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