Brief: Live Motion Games Signs Investment Deal For Bonds Issue

Live Motion Games SA

03/03/2023 06:38

March 3 (Reuters) - Live Motion Games SA  LMGP.WA :
    * SIGNS INVESTMENT DEAL WITH GLOBAL TECH OPPORTUNITIES 20
AND ABO
SECURITIES
    * UNDER DEAL THERE WILL BE ISSUED 12-MONTH BONDS CONVERTIBLE
TO
COMPANY'S SHARES OF TOTAL VALUE UP TO 5 MILLION ZLOTYS
    * SAYS INVESTMENT AMOUNT WILL BE PAID IN 10 TRANCHES
    * COMPANY'S MAIN SHAREHOLDER PLAYWAY SIGNS SHARE LOAN DEAL
WITH
INVESTOR
    * UNDER SHARE LOAN DEAL PLAYWAY TO LEND COMPANY'S SHARES TO
INVESTOR
    * FUNDS FROM INVESTMENT DEAL WILL BE USED TO PAY CURRENT
OBLIGATIONS AND FINANCE OPERATING ACTIVITY AND DEVELOPMENT
    * INVESTOR IS GLOBAL TECH OPPORTUNITIES 20 AND PARTNER IS
ABO
SECURITIES

Source text for Eikon:  ID:nEM17cqDWa 
Further company coverage:  LMGP.WA 

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