Brief: SGOCO agrees to $7 mln private placement of ordinary shares

TROOPS

11/05/2016 18:00

May 11 (Reuters) - SGOCO Group Ltd: 
    * SGOCO announces entry into agreement for private placement 
of $7 million of unregistered ordinary shares of the company 
    * Will issue and sell to investor 1.9 million shares of 
unregistered ordinary shares of company  at price per share of 
about US$3.68 
 
Source text for Eikon:  ID:nPn4kX8lDa  
Further company coverage:  SGOC.O  
 
 ((Bengaluru Newsroom; +1 646 223 8780;))