Brief: Envipco Holding Launches Private Placement Of Its Shares

Envipco Holding NV

15/10/2018 17:31

Oct 15 (Reuters) - ENVIPCO HOLDING NV  ENVI.AS :
    * ENVIPCO LAUNCHES PRIVATE PLACEMENT OF ITS SHARES BY WAY OF
AN
ACCELERATED BOOKBUILDING PROCESS
    * PRIVATE PLACEMENT OF UP TO 383,760 NEW ORDINARY SHARES
    * SHARES WILL BE OFFERED TO SELECTED (QUALIFIED)
INSTITUTIONAL
INVESTORS IN EUROPE
    * PROCEEDS WILL BE PRIMARILY USED FOR WORKING CAPITAL
PURPOSES FOR
THE ANTICIPATED MARKET OPPORTUNITIES IN NEW COUNTRIES
    * EXISTING SHAREHOLDERS OF THE COMPANY WILL NOT HAVE
PRE-EMPTIVE
RIGHTS
    * NIBC BANK N.V. ACTS AS SOLE BOOKRUNNER IN THE PLACEMENT
    * NEW SHARES WILL RANK PARI PASSU IN ALL RESPECTS WITH THE
CURRENTLY OUTSTANDING ORDINARY SHARES

Source text: https://bit.ly/2NIcDwH
Further company coverage:  ENVI.AS 

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