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BIE - Bioera SpA News Story

€0.243 -0.0  -0.4%

Last Trade - 1:07pm

Sector
Consumer Defensives
Size
Micro Cap
Market Cap £3.34m
Enterprise Value £10.1m
Revenue £18.1m
Position in Universe 711th / 730

BRIEF-Bioera Receives From Request From Bracknor Investment For Conversion Of 7 Bonds

Tue 4th December, 2018 7:09am
Dec 4 (Reuters) - Bioera SpA  BIE.MI :
    * SAID ON MONDAY THAT RECEIVED FROM BRACKNOR INVESTMENT
REQUEST
FOR CONVERSION OF 7 BONDS 
    * 7 BONDS SUBJECT TO CONVERSION GIVE THE RIGHT TO SUBSCRIBE
FOR 1
MLN OF NEWLY ISSUED BIOERA ORDINARY SHARES AT EUR 0.07 PER SHARE
    * FOURTH TRANCHE STILL INCLUDES 6 BONDS TO BE CONVERTED
    * BONDS ARE PART OF ISSUED ON AUG. 6 CONVERTIBLE BOND LOAN
UNDER
CONTRACT BETWEEN BIOERA AND BRACKNOR DATED AUG. 1, 2017
    * FOLLOWING THE BOND CONVERSION NOMINAL VALUE OF THE CO'S
SHARE
CAPITAL WILL INCREASE BY EUR 70,000

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7vdr02
    
 Further company coverage:  BIE.MI  
   


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