Brief: Intershop Communications To Issue Bond With Warrants

Intershop Communications AG

27/07/2020 06:21

July 27 (Reuters) - INTERSHOP COMMUNICATIONS AG  ISH1k.DE :
    * SAID ON FRIDAY, RESOLVES TO ISSUE A BOND WITH WARRANTS
    * WARRANTS ENTITLE THE HOLDERS TO SUBSCRIBE TO A TOTAL OF
1,419,178 NO-PAR VALUE BEARER SHARES
    * WITH A PROPORTION OF THE SHARE CAPITAL ATTRIBUTABLE TO
EACH
SHARE OF EUR 1.00 PER SHARE
    * THE WARRANT PRICE PER SHARE IS EUR 2.19
    * WARRANT BOND HAS BEEN FULLY PLACED WITH THE INVESTORS
SHAREHOLDER VALUE BETEILIGUNGEN AG AND AXXION S.A. FOR TWO FUND
MANDATES
    * AS A RESULT OF THE CAPITAL MEASURE, THE COMPANY WILL
RECEIVE
GROSS ISSUING PROCEEDS OF AROUND EUR 3.1 MILLION
    * WILL USE THE PROCEEDS FROM THE WARRANT BOND TO FURTHER
EXPAND
ITS CLOUD BUSINESS

Source text for Eikon:  ID:nEQ8xVSw0a 
Further company coverage:  ISH1k.DE 

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