Brief: Kalray SA Announces Strategic Investment From NXP Semiconductors For Eur8 Million

Kalray SA

02/04/2020 23:00

April 2 (Reuters) - Kalray SA  ALKAL.PA :
    * KALRAY SA - ANNOUNCES STRATEGIC INVESTMENT FROM NXP
SEMICONDUCTORS FOR EUR8 MILLION (ABOUT US$9 MILLION)
    * KALRAY -INVESTMENT TO BE CARRIED OUT THROUGH RESERVED
ISSUANCE
TO NXP BV OF 503,461 ORDINARY SHARES WITHOUT PRE-EMPTIVE RIGHTS
FOR EXISTING CO'S SHAREHOLDERS
    * KALRAY SA - SETTLEMENT-DELIVERY OF NEW SHARES IS SCHEDULED
FOR
APRIL 7, 2020
    * KALRAY SA - UPON SETTLEMENT-DELIVERY OF NEW SHARES, NXP
GROUP
WILL HOLD CA. 9.95% OF KALRAY'S SHARE CAPITAL AND VOTING RIGHTS

Source text for Eikon:  urn:newsml:reuters.com:*:nACT62817
Further company coverage:  ALKAL.PA 

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