Brief: McPhy Announces Success Of Its EUR 180 MLN Capital Increase

Mcphy Energy SA

14/10/2020 06:38

Oct 14 (Reuters) - MCPHY ENERGY SAS  MCPHY.PA :
    * MCPHY ANNOUNCES THE SUCCESS OF ITS CAPITAL INCREASE  €
180M
RAISED FROM STRATEGIC INVESTORS,  HISTORICAL SHAREHOLDERS AND
NEW INSTITUTIONS  TO FUND GLOBAL SCALE-UP OF ZERO-CARBON
HYDROGEN
    * OFFERING WAS OVERSUBSCRIBED SEVERAL TIMES WHICH ENABLES
COMPANY
TO UPSIZE AMOUNT OF OFFERING FROM ENVISAGED EUR 150 M TO EUR 180
M
    * SUBSCRIPTION PRICE OF NEW SHARES WAS SET AT EUR 23.50 PER
SHARE,
REPRESENTING A DISCOUNT OF 8.56% BASED ON LAST CLOSING PRICE

Source text for Eikon:  ID:nGNE94WKpc 
Further company coverage:  MCPHY.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))