Brief: Digigram Is Considering Restructuring Its Activities And Raising Funds

Transition Evergreen SA

23/05/2019 17:22

May 23 (Reuters) - DIGIGRAM SA  DIGP.PA :
    * IS CONSIDERING A LEGAL RESTRUCTURING OF ITS ACTIVITIES AS
WELL
AS A FUNDRAISING
    * TO RAISE FUNDS IN FORM OF CONVERTIBLE BONDS FOR ESTIMATED
AMOUNT
OF EUR 400,000 FROM SAFE AND SOUND GROUP AND THIRD-PARTY
INVESTORS
    * CONVERSION OF CONVERTIBLE BONDS INTO SHARES DIGIGRAM
DIGITAL
WILL ONLY BE POSSIBLE IN THE EVENT OF LAUNCH OF PUBLIC OFFER ON
DIGIGRAM SA SHARES
    * PLANS TO TOTALLY SUBSIDIARIZE OPERATIONAL ACTIVITIES OF
DIGIGRAM
SA AND ITS SUBSIDIARIES VIA CONTRIBUTION TO DIGIGRAM DIGITAL
    * IT IS PLANNED TO PROCEED TO COMPLETE FINALISATION OF
OPERATING
ACTIVITIES OF DIGIGRAM SA AND ITS SUBSIDIARIES, BY WAY OF
CONTRIBUTION TO DIGIGRAM DIGITAL

Source text: https://bit.ly/2M1UfTI
Further company coverage:  DIGP.PA 

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