Brief: Trainers' House: result of directed share issue related to debt conversion
12/11/2015 06:15
Nov 12 (Reuters) - Trainers' House Oyj TRH1V.HE :
* In the share issue the restructuring creditors subscribed a total of 38,720,358 new shares
in the Company
* Says subscription price for each share is 0.08 euros and it was paid in full by
setting-off restructuring debts of company
* Says had in advance of share issue received undertakings to subscribe 37,812,500 new
shares
* Says as a result of share issue amount of debt in company will be reduced by a total of
3,097,629 euros ($3.33 million)
Source text for Eikon: ID:nHSU63Sp
Further company coverage: TRH1V.HE
($1 = 0.9299 euros)
(Gdynia Newsroom)
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