Brief: Drone Volt Raises EUR 2.2 Mln Via Reserved Capital Increase

Drone Volt SA

22/05/2020 06:47

May 22 (Reuters) - DRONE VOLT SA  ALDRV.PA :
    * REPORTED ON THURSDAY NEW FINANCING THROUGH A RESERVED
CAPITAL
INCREASE FOR A TOTAL OF 2,167,342 EUROS
    * ISSUE OF 28,897,890 NEW ORDINARY SHARES AT A UNIT
SUBSCRIPTION
PRICE OF 0.075 EURO
    * PURPOSE IS TO STRENGTHEN CASH POSITION AND TO REDEEM EARLY
ALMOST ALL OF CONVERTIBLE BONDS (ORNANE) ISSUED IN MAY AND
NOVEMBER 2019
    * SETTLEMENT AND DELIVERY OF THE NEW SHARES AND THEIR
ADMISSION TO
THE EURONEXT GROWTH MARKET ARE SCHEDULED FOR 25 MAY 2020
 Source text for Eikon:  ID:nACT63618 

    
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