Brief: Pixium Vision Establishes New Equity Line Financing With Kepler Cheuvreux

Pixium Vision SA

24/12/2018 06:02

Dec 24 (Reuters) - PIXIUM VISION SA  PIX.PA :
    * REG-PIXIUM VISION ESTABLISHES A NEW EQUITY LINE FINANCING
WITH
KEPLER CHEUVREUX
    * KEPLER CHEUVREUX GAVE A FULL AND FIRM COMMITMENT TO
SUBSCRIBE TO
3,000,000 SHARES
    * COMPANY PLANS TO MAINTAIN ITS FINANCIAL FLEXIBILITY IN
ADDITION
TO ITS CASH POSITION OF €18.4 MILLION
    * NUMBER OF SHARES ISSUED PURSUANT TO THIS AGREEMENT AND
ADMITTED
TO TRADING WILL BE ANNOUNCED ON EURONEXT NOTICES AS WELL AS ON
PIXIUM VISION'S WEBSITE
    * PIXIUM VISION RETAINS THE OPTION OF SUSPENDING OR
TERMINATING
THIS AGREEMENT AT ANY TIME.
    * SHARES TO BE ISSUED BASED ON VOLUME-WEIGHTED AVERAGE PRICE
OF 2
TRADING DAYS PRECEDING EACH ISSUANCE, MINUS A MAXIMUM OF 6%

Source text for Eikon:  ID:nGNE1Ml049 
Further company coverage:  PIX.PA 

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