Brief: Ecoslops Completes Capital Increase Of 6.4 Million Euros

Ecoslops SA

29/10/2021 10:56

Oct 29 (Reuters) - Ecoslops SA  ALESA.PA :
    * ECOSLOPS ANNOUNCES THE SUCCESS OF ITS FUNDRAISING  FOR A
TOTAL
GROSS AMOUNT OF 6.4 MILLION EUROS
    * PLANS TO USE PROCEEDS OF TRANSACTION TO FINANCE ROLL-OUT
OF
SCARABOX OFFERING
    * SUBSCRIPTION PRICE 8.84 EUROS PER NEW SHARE REPRESENTING A
DISCOUNT OF 10% COMPARED TO WEIGHTED AVERAGE OF SHARE PRICE
(VWAP) DURING LAST THREE TRADING SESSIONS PRECEDING LAUNCH OF
OPERATION
    * PROCEEDS WILL ALSO BE USED TO FINANCE STUDIES RELATING TO
PORT
INFRASTRUCTURE PROJECTS FOR COLLECTION AND RECYCLING OF
HYDROCARBON RESIDUES WHICH COULD BE DEPLOYED IN  MIDDLE EAST AND
SOUTH EAST ASIA IN FRAMEWORK OF PARTNERSHIP WITH MERCURIA ENERGY
GROUP

Source text for Eikon:  ID:nGNE1YRhDn 
Further company coverage:  ALESA.PA 

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