Brief: Coal Energy Signs Deal With Lynx Overseas Consulting CY Ltd On Private Placement Programme Of Co's Shares
BRIEF-Coal Energy Signs Deal With Lynx Overseas Consulting CY Ltd On Private Placement Programme Of Co's Shares July 3 (Reuters) - Coal Energy SA CLEP.WA:
SAID ON THURSDAY COMPANY SIGNED INVESTMENT FRAMEWORK AGREEMENT WITH LYNX OVERSEAS CONSULTING CY LTD (INVESTOR) ON A PRIVATE PLACEMENT PROGRAMME OF COMPANY SHARES FOR A TOTAL AMOUNT OF UP TO €1.5 MLN
THE INVESTMENT PROGRAMME MAY BE IMPLEMENTED IN ONE OR MORE SEPARATE TRANCHES
UNDER THE FIRST TRANCHE THE INVESTOR IS EXPECTED TO SUBSCRIBE FOR 1.2 MLN NEW COMPANY SHARES AT AN ISSUE PRICE OF 2.11 ZLOTYS PER SHARE
THE AGGREGATE SUBSCRIPTION PRICE FOR THE NEW SHARES UNDER THE FIRST TRANCHE AMOUNTS TO 2.6 MLN ZLOTYS
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