Brief: ILLA To Issue Up To EUR 21 Mln In Convertible Bonds, Propose 1-For-100 Reverse Stock Split

I.l.l.a. S.p.a

06/01/2023 06:20

Jan 6 (Reuters) - ILLA SpA  ILLA.MI :
    * SAID ON THURSDAY, IT WILL ISSUE CONVERTIBLE BONDS CUM
WARRANT
FOR UP TO EUR 21 MLN 
    * CONVERTIBLE BONDS WILL BE ISSUED IN 40 TRANCHES ALL
UNDERWRITTEN
BY NEGMA
    * COMMISSION OF EUR 1 MLN TO BE PAID TO NEGMA FOR
UNDERWRITING
COMMITMENT
    * TO PROPOSE TO EGM A REVERSE STOCK SPLIT OF 1-FOR-100

        
 Further company coverage:  ILLA.MI  
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