Brief: Rafako Signs Annex To Deal With Investor On Financing

Rafako SA w upadlosci

09/05/2022 07:57

May 9 (Reuters) - Rafako SA  RFK.WA :
    * SAID ON SUNDAY IT HAS SIGNED ANNEX TO INVESTMENT DEAL WITH
INVESTOR SIGNED ON MARCH 24  urn:newsml:reuters.com:*:nFWN2VR034
    * PARTIES AGREE THAT COMPANY'S NEW ISSUE SHARES WILL BE
TAKEN UP
BY INVESTOR VIA EXERCISING RIGHTS FROM REGISTERED SUBSCRIPTION
WARRANTS AT ONE TO ONE RATIO WITHIN FIVE WORKING DAYS OF CLOSING
ALL TRANSACTIONS UNDER SEPARATE MARCH 24 SALES DEAL
    * NEW ISSUE SHARES WILL BE COVERED EXCLUSIVELY WITH CASH
CONTRIBUTION
    * INVESTOR TO GRANT COMPANY BY DATE OF NEW SHARE ACQUISITION
FINANCING IN FORM OF LOAN AND/OR PARTIAL REDEMPTION OF CLAIMS
AGAINST COMPANY UNDER RESTRUCTURING PROCEEDINGS
    * LOAN AND/OR PARTIAL REDEMPTION TO BE IN AMOUNT NECESSARY
TO
GUARANTEE POSITIVE BALANCE OF COMPANY'S ASSETS
    * FINANCING REPLACES INVESTOR'S COMMITMENT TO TAKE UP NEW
ISSUE
SHARES FOR AT LEAST 30.0 MILLION ZLOTYS VIA EXERCISING RIGHTS
ATTACHED TO WARRANTS HELD AT CLOSURE OF ALL TRANSACTIONS UNDER
SALES DEAL

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1sLFG7a
 Further company coverage:  RFK.WA  

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