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BIE - Bioera SpA News Story

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Last Trade - 9:01am

Sector
Consumer Defensives
Size
Micro Cap
Market Cap £3.17m
Enterprise Value £9.92m
Revenue £17.9m
Position in Universe 709th / 727

BRIEF-Bioera Approves 3-mln-euro Investment Agreement With Negma

Mon 29th July, 2019 11:07am
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
    
 Further company coverage:  BIE.MI  
   


 (Gdynia Newsroom)
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