Brief: Neovacs: Conversion Of 107 Convertible Bonds (ORNANE) By HBR Investment Group

Neovacs SA

21/05/2020 06:21

May 21 (Reuters) - NEOVACS SA  ALNEV.PA :
    * CONVERSION OF 107 CONVERTIBLE BONDS (ORNANE) BY HBR
INVESTMENT
GROUP WHICH BECOMES NEW REFERENCE SHAREHOLDER OF NEOVACS
    * SETTLEMENT AND DELIVERY OF NEW NEOVACS SHARES ISSUED FROM
OF THE
CONVERSION IS EXPECTED TO TAKE PLACE TODAY
    * CREATION OF 21,400,000 NEW SHARES ON THE BASIS OF NEOVACS'
SHARE
CAPITAL TO DATE, A DILUTION OF 12% FOR EXISTING SHAREHOLDERS
    * TOTAL ACQUISITION PRICE OF APPROXIMATELY 335 K€

Source text for Eikon:  ID:nACT63616 
Further company coverage:  ALNEV.PA 

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