Brief: Enertronica signs agreement with Fineldo for acquisition of Progetti International

Enertronica Santerno SpA

13/07/2017 07:19

July 13 (Reuters) - ENERTRONICA  ENER.MI : 
    * SAID ON WEDNESDAY SIGNED A BINDING AGREEMENT WITH FINELDO 
FOR ACQUISITION OF 100 PCT STAKE IN PROGETTI INTERNATIONAL SPA 
FOR ABOUT 700,000 EUROS 
    * THE TRANSACTION IMPLIES CAPITAL INCREASE OF 1 MILLION 
EUROS RESERVED TO FINELDO AND SIGNING A TRANCHE OF CONVERTIBLE 
BONDS FOR EUR 1.5 MLN  
    * CAPITAL INCREASE WILL BE SUBSCRIBED AT A PRICE OF 3.2 
EUROS PER SHARE AND IMPLIES A LOOK UP OF 12 MONTHS 
 
     
 Source text: http://reut.rs/2uloH1F 
     
 Further company coverage:  ENER.MI   
    
 
 
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