Brief: KREnergy Resolves Final Terms Of Share Capital Increase In Option

Seri Industrial SpA

20/06/2018 07:26

June 20 (Reuters) - KREnergy SpA  KAIT.MI :
    * SAID ON TUESDAY THAT IT RESOLVED THE FINAL TERMS OF THE
SHARE
CAPITAL INCREASE IN OPTION AND THE CAPITAL INCREASE FOR THE
WARRANT DUE KRE 2018-2019
    * THE OFFER UNDER OPTION PROVIDES FOR THE ISSUE OF UP TO
11,263,299 CO'S SHARES AT A PRICE OF EUR 3.71 EACH, WITH FREE
PAIRING OF 11,263,299 "WARRANT DUE KRE 2018-2019"
    * NEWLY ISSUED KRE ORDINARY SHARES ARE OFFERED IN OPTION TO
SHAREHOLDERS AT THE RATIO OF 17 NEW ORDINARY SHARES FOR EVERY 5
ORDINARY SHARES HELD, WITH ONE "WARRANT DUE KRE 2018-2019" FOR
EVERY ONE SHARE SUBSCRIBED
    * EACH "WARRANT DUE KRE 2018-2019" GIVES RIGHT TO SUBSCRIBE
TO
NEWLY ISSUED SHARES AT A RATION OF ONE NEW SHARE FOR EVERY
WARRANT HELD AT A PRICE OF EUR 2.66

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA8L27Ll
    
 Further company coverage:  KAIT.MI  
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))