July 29 (Reuters) - Bioera SpA  BIE.MI :
    * SIGNS INVESTMENT AGREEMENT WITH NEGMA GROUP LIMITED
(NEGMA)
    * NEGMA TO INVEST UP TO EUR 3 MLN IN BIOERA IN NEXT TWO
YEARS
THROUGH SUBSCRIPTION OF WARRANTS
    * BIOERA TO PAY COMMISSION OF EUR 150,000 TO NEGMA GROUP FOR
INVESTMENT AGREEMENT 
    * BOARD CONFIRMS IT IS WILLING TO RESIGN TO REDUCE NUMBER OF
BOARD
MEMBERS AND THEIR SALARIES 
    * PROPOSES REVERSE SHARE SPLIT OF 1 NEW SHARE FOR EVERY 10
EXISTING SHARES

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA51HJkg
    
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