Brief: Bio-UV Group Raises 12.7 Million Euros In Capital Increase
01/10/2020 08:38
Oct 1 (Reuters) - Bio-UV Group SA ALTUV.PA :
* RAISES €12.7 MILLION IN CAPITAL INCREASE FROM FRENCH AND
INTERNATIONAL INSTITUTIONAL INVESTORS
* FUNDS RAISED WILL MAINLY ENABLE GROUP TO SEIZE EXTERNAL
GROWTH
OPPORTUNITIES AIMED IN PARTICULAR AT ACQUIRING NEW CLEAN
TECHNOLOGIES IN FIELD OF CHEMICAL-FREE DISINFECTION AND TO
SUPPORT EXPANSION OF SALES AND MARKETING ACTIVITIES
* PLACED 2,193,234 NEW SHARES WITH PAR VALUE OF €1.00 EACH,
AT
UNIT PRICE OF €5.80, FOR TOTAL AMOUNT OF €12.7 MILLION, COMPARED
WITH INITIAL FORECAST OF ABOUT €7.0 MILLION
* SETTLEMENT AND DELIVERY OF THE NEW SHARES ARE SCHEDULED
FOR 5
OCTOBER 2020
Source text for Eikon: ID:nNDL5bDRmq
Further company coverage: ALTUV.PA
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