Brief: Firstfarms To Issue 12 Mln New Shares To Constantinsborg

FirstFarms A/S

29/02/2024 07:48

Feb 29 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * REG-FIRSTFARMS A/S SECURES LARGE CAPITAL INJECTION FROM
THE
HEARTLAND GROUP AND POSITIONS ITSELF FOR STRONG GROWTH
    * TO INCREASE FIRSTFARMS' SHARE CAPITAL WITH NOMINALLY DKK
12,000,000 NEW SHARES OF NOMINALLY DKK 10.00 EACH
    * AGAINST CASH PAYMENT OF DKK 81 PER SHARE THROUGH DIRECTED
SHARE
ISSUE FROM FIRSTFARMS TO CONSTANTINSBORG
    * HAS DECIDED TO TAKE OUT LOAN OF DKK 89,100,000 FROM
CONSTANTINSBORG
    * CONSTANTINSBORG OBTAINS OWNERSHIP STAKE IN FIRSTFARMS OF
10.77%
    * HEARTLAND GROUP INVESTS 186 MDKK IN FIRSTFARMS

Source text for Eikon:  ID:nGNE4PrjQG 
Further company coverage:  FFARMS.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))