Brief: Nestmedic Completes Stage I Of Talks With Deutsche Balaton

Nestmedic SA

07/03/2019 17:28

March 7 (Reuters) - Nestmedic SA  NSTP.WA :
    * COMPLETES STAGE I OF TALKS WITH DEUTSCHE BALATON
AKTIENGESELLSCHAFT, RESOLVES TO ISSUE 0.5 MILLION SHARES UNDER
PRIVATE OFFERING
    * SAYS IN ADDITION PRE-AGREED ISSUING THREE-YEAR LOAN OR
THREE-YEAR BONDS CONVERTIBLE INTO SHARES DIRECTED ONLY TO
INVESTOR
    * CONSIDERS LISTING CO'S SHARES IN GERMAN STOCK EXCHANGE
(DUAL-LISTING)
    * SAYS ALSO PRE-AGREED ISSUANCE OF SUBSCRIPTION WARRANTS
GRANTING
RIGHT TO SUBSCRIBE FOR CO'S SHARES ADDRESSED ONLY TO INVESTOR

Source text for Eikon:  ID:nEMb1mX3va 
Further company coverage:  NSTP.WA 

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