Brief: ENENSYS Technologies SA Sees Positive FY EBITDA

Enensys Technologies SA

16/12/2021 17:03

Dec 16 (Reuters) - Enensys Technologies SA  ALNN6.PA :
    * PROFITABLE GROWTH CONFIRMED IN 2021
    * RESUMPTION OF TRADING ON DEC 20
    * EXITS OBSERVATION PERIOD AFTER APPROVAL FOR ITS SAFEGUARD
PLAN
BY THE COMMERCIAL COURT OF RENNES
    * APPROVAL PAVES WAY FOR CAPITAL INCREASE OF 5.4 MILLION
EUROS
    * CAPITAL INCREASE: ISSUANCE OF 1.5 MILLION SHARES AT PRICE
OF
3.5005 EUROS PER SHARE
    * PLAN ALSO PROVIDES FOR 10-YEAR SETTLEMENT OF RESIDUAL
LIABILITY,
AMOUNT OF WHICH HAS BEEN SET AT 6.0 MILLION EUROS
    * CLEARANCE WILL BE DONE BY PROGRESSIVE ANNUITIES, IT BEING
SPECIFIED THAT 75% OF THIS LIABILITY WILL BE REIMBURSED ON LAST
5 YEARS OF PLAN
    * SEES H2 REVENUE OF 12.0 MILLION EUROS TO 12.5 MILLION
EUROS
    * SEES POSITIVE FY EBITDA

Further company coverage:  ALNN6.PA 

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