Brief: Methanor Announces Launch Of Nearly 1.5 Million Euros Capital Increase

Methanor SCA

18/02/2020 16:57

Feb 18 (Reuters) - METHANOR SCA  ALMET.PA :
    * ANNOUNCES LAUNCH OF A CAPITAL INCREASE OF NEARLY EUR 1.5
MILLION
(INCLUDING SHARE PREMIUM)
    * SAYS ISSUE PRICE EUR 5.25 PER NEW SHARE
    * TRANSACTION IS AIMED AT FINANCING FUTURE RENEWABLE ENERGY
PROJECTS TO BE ANNOUNCED SHORTLY
    * SUBSCRIPTION PERIOD WILL RUN FROM 24 FEBRUARY TO 20 MARCH
INCLUSIVE
    * AT UNIT PRICE OF EUR 5.25 (I.E. EUR 1 OF NOMINAL VALUE AND
EUR
4.25 OF ISSUE PREMIUM)
    * HAS THUS INVESTED 956,000 EUROS IN THIS RENEWABLE ENERGY
PROJECT
ALONGSIDE AKUO ENERGY AND HAD ACQUIRED 11% OF THE CAPITAL OF THE
POWER PLANT, KNOWING THAT THE TOTAL COST OF FINANCING AMOUNTS TO
EUR 12.85 MILLION

Source text: https://bit.ly/37B15Fq
Further company coverage:  ALMET.PA 

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