Brief: Latecoere Launches Share Capital Increase Of About EUR 108.2 Million

Latecoere SA

31/10/2023 10:28

Oct 31 (Reuters) - Latecoere SA  LAEP.PA :
    * LAUNCH OF THE SHARE CAPITAL INCREASE PLANNED IN ITS
CONCILIATION
PROTOCOL FOR AN AMOUNT OF APPROXIMATELY €108.2 MILLION
    * INCREASE MAY BE EXTENDED TO APPROXIMATELY €124.4 MILLION
IN THE
EVENT OF THE EXERCISE IN FULL OF THE EXTENSION CLAUSE
    * NEW ISSUE WITH SHAREHOLDERS’ PREFERENTIAL SUBSCRIPTION
RIGHTS
    * SUBSCRIPTION PRICE: €0.01 PER NEW SHARE
    * SUBSCRIPTION RATIO: 202 NEW SHARES FOR 1 EXISTING SHARE
    * THEORETICAL VALUE OF THE PREFERENTIAL SUBSCRIPTION RIGHTS:
€0.494
    * SUBSCRIPTION PERIOD: FROM NOVEMBER 6TH TO NOVEMBER 14TH,
2023
INCLUSIVE
    * SUBSCRIPTION COMMITMENT FROM SEARCHLIGHT CAPITAL PARTNERS
FOR
THE TOTAL AMOUNT OF THE TRANSACTION

Source text: https://tinyurl.com/2nzk9j44
Further company coverage:  LAEP.PA 

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