Brief: Terranet Says Holoride GmbH Is Expanding Market Roll-Out And Has Secured Convertible Loan For This Purpose

Terranet AB

12/05/2023 18:06

May 12 (Reuters) - Terranet AB  TERRNTb.ST :
    * REG-TERRANET'S ASSOCIATED COMPANY HOLORIDE GMBH IS
EXPANDING ITS
MARKET ROLL-OUT AND HAS SECURED A CONVERTIBLE LOAN FOR THIS
PURPOSE
    * SAYS TERRANET'S SHARE IN HOLORIDE IS 10.4%
    * ISSUANCE OF A CONVERTIBLE LOAN BY ONE OF SHAREHOLDERS (NOT
TERRANET) TO HOLORIDE OF MEUR 5
    * TERRANET-HAS OPPORTUNITY TO, TOGETHER WITH OTHER
SHAREHOLDERS OR
EXTERNAL INVESTORS, REFINANCE CONVERTIBLE LOAN FOR HOLORIDE
BEFORE OCTOBER 1, 2023

Source text for Eikon:  ID:nGNE111GyH 
Further company coverage:  TERRNTb.ST 

 ((Reuters.Briefs@thomsonreuters.com;))