Brief: The Naga Group Completes Pre-Placement, Growth Capital Of EUR 4.5 Million

NAGA AG

30/06/2020 11:20

June 30 (Reuters) - Naga Group AG  N4G.DE :
    * THE NAGA GROUP AG SUCCESSFULLY COMPLETES PRE-PLACEMENT,
SECURING
GROWTH CAPITAL OF EUR 4.5 MILLION
    * THE NAGA GROUP AG SUCCESSFULLY COMPLETES PRE-PLACEMENT,
SECURING
GROWTH CAPITAL OF EUR 4.5 MILLION
    * 91% OF TOTAL RIGHTS ISSUE VOLUME, FOR WHICH SUBSCRIPTION
RIGHTS
WERE WAIVED BY EXISTING SHAREHOLDERS AND THEREFORE NOT SUBJECT
TO CLAW-BACK, WAS SUCCESSFULLY PLACED IN AN OVERNIGHT
TRANSACTION.
    * PRE-PLACEMENT CORRESPONDS TO 1.82 MILLION SHARES
    * SUBSCRIPTION PRICE OF EUR 2.50 PER SHARE.
    * AG HAS SECURED APPROX. EUR 4.5 MILLION OF TOTAL GROWTH
CAPITAL
TARGET OF UP TO EUR 5.0 MILLION

Source text for Eikon:  ID:nEQ8nspPa 
Further company coverage:  N4G.DE 

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