Brief: Mastrad Completes Private Placement Of 1 Million Euros

Mastrad SA

20/11/2018 06:20

Nov 20 (Reuters) - MASTRAD SA  ALMAS.PA :
    * SAID ON MONDAY COMPLETES PRIVATE PLACEMENT OF EUR 1 MLN
    * COMPLETION OF CONVERTIBLE BOND (OCABSA) ISSUE WITH STOCK
WARRANTS ATTACHED, WITH THE CANCELLATION OF PREFERENTIAL
SUBSCRIPTION RIGHTS
    * UNIT PRICE OF EACH BOND (OCABSA) IS EUR 1
    * MATURITY DATE FOR BONDS (OCA) FOR 1ST LOAN IS NOV 13, 2020
    * MATURITY DATE FOR BONDS (OCA) FOR 2ND LOAN IS NOV 13,
2021,
EXCEPT IN THE CASE OF EARLY REDEMPTION
    * TWO WARRANTS WILL ENTITLE HOLDER TO SUBSCRIBE FOR ONE
ORDINARY
SHARE AT A SUBSCRIPTION PRICE OF EUR 0.50 PER ORDINARY SHARE
    * VALUE OF EACH WARRANT WILL BE FIXED AT EUR 0.01

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nACT56041
    
 Further company coverage:  ALMAS.PA  
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))