Brief: Eprice Updates Industrial Plan 2021-2025, Signs Deal With Investor Negma For Issue Of Bonds Of EUR 10 Mln

EPH Invest SpA

26/03/2021 07:46

March 26 (Reuters) - Eprice SpA  EPRC.MI : 
    * REPORTED ON THURSDAY IT HAS UPDATED INDUSTRIAL PLAN
2021-2025
    * UNDER THE PLAN, IT SEES IN 2020 TOTAL REVENUES FOR ABOUT
EUR 120
MLN
    * EBITDA IS EXPECTED IN 2021 TO BE NEGATIVE FOR EUR 6-7 MLN
    * EBITDA IS EXPECTED IN 2022 TO BE ALMOST EQUAL TO EUR ZERO
    * HAS SIGNED WITH INVESTOR NEGMA GROUP LTD A PRELIMINARY
INVESTMENT AGREEMENT FOR THE ISSUE OF "CONVERTIBLE BONDS WITH
WARRANTS FUNDING PROGRAM" FOR A TOTAL VALUE OF EUR 10,000,000
    * BOND ISSUE AIMED AT STRENGTHENING FINANCIAL STRUCTURE OF
THE
GROUP AND SUPPORTING THE INDUSTRIAL PLAN

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA12Hhj7
    
 Further company coverage:  EPRC.MI  
   


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