Brief: Enter Air Plans To Raise About 60 Mln Zlotys Through Share Issue

Enter Air SA

23/03/2018 07:41

March 23 (Reuters) - ENTER AIR  ENTP.WA :
    * PLANS TO ISSUE UP TO 2.3 MILLION OF SHARES VIA A PUBLIC
OFFER,
THE COMPANY SAYS IN A STATEMENT
    * PROCEEDS TO BE USED TO FINANCE TWO BOEINGS 737 – 8 MAX
PLANES
    * "FROM THE PLANNED ISSUE WE WOULD LIKE TO OBTAIN ABOUT 60
MILLION
ZLOTYS," GRZEGORZ POLANIECKI, MANAGEMENT BOARD MEMBER AND
GENERAL DIRECTOR OF ENTER AIR, SAYS
    * POLANIECKI ADDS THAT OWN FUNDS WOULD HELP THE COMPANY
SIGNIFICANTLY REDUCE THE COST OF FINANCING OF NEW PLANES
    * IT WILL HOLD AN EXTRAORDINARY SHAREHOLDER MEETING ON APRIL
18 TO
VOTE OVER THE ISSUE
    * IF ALL 2.3 MILLION SHARES ARE ISSUED, THEY WOULD FORM 11.6
PERCENT OF INCREASED SHARE CAPITAL


    
 Further company coverage:  ENTP.WA  
   


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