Brief: Ecomott to issue new shares to Okasan Securities for 60.3 mln yen

Ecomott

11/07/2017 07:55

July 11 (Reuters) - Ecomott Inc  3987.SP  
    
    * Says it will issue 24,000 shares of its common stock to 
Okasan Securities Co., Ltd. via private placement, at the price 
of 2,511.6 yen per share (60.3 million yen in total) 
    * Says subscription date on July 13 and payment date on July 
14 
    * Says proceeds will be used for repayment  
 
    Source text in Japanese: https://goo.gl/W1V57d 
    Further company coverage: 3987.SP  
 
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