Brief: Firstfarms A/S Capital Increase At Issuance Of Shares And Issuance Of Convertible Bonds

FirstFarms A/S

28/05/2018 20:55

May 28 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * SAYS FINAL CLOSING OF PURCHASE OF TJEKKIET INVEST A/S HAS
NOW
BEEN CARRIED OUT
    * NEW SHARES AND CONVERTIBLE BONDS ARE ISSUED IN FIRSTFARMS
A/S.
    * 404,328 SHARES OF DKK 10 ARE ISSUED, CORRESPONDING TO A
CAPITAL
INCREASE OF DKK 4.04 MILLION
    * BY A DIRECT PLACEMENT TOWARDS SHAREHOLDERS IN TJEKKIET
INVEST
A/S, CONVERTIBLE BONDS ARE ISSUED FOR A TOTAL AMOUNT OF DKK 19.9
MILLION
    * FIRSTFARMS- SHARES IN TJEKKIET TO PARTLY BE PAID WITH
SHARES IN
FIRSTFARMS, PARTLY BY UTILISING PROCEEDS OF ISSUED BONDS,
FINALLY BY CASH PAYMENT DKK 20.2 MILLION

Source text for Eikon:  ID:nGNE7YrD8y 
Further company coverage:  FFARMS.CO 

 ((Reuters.Briefs@thomsonreuters.com;))