Brief: Valoe Corporation's Offering To Public

Valoe Oyj

24/09/2019 20:09

Sept 24 (Reuters) - Valoe Oyj  VALOE.HE :
    * REG-VALOE CORPORATION'S OFFERING TO PUBLIC
    * : SUBSCRIPTION PRICE PER NEW SHARE SHALL BE EUR 0.09
    * : MINIMUM AMOUNT OF SUBSCRIPTION IS IN TOTAL 9,000 NEW
SHARES
    * VALOE- PURPOSE OF OFFERING TO COVER WORKING CAPITAL NEEDS
OF CO,
TO FINANCE STRATEGIC INVESTMENTS OF CO, TO IMPROVE FINANCIAL
PERFORMANCE OF CO
    * SAYS OBJECTIVE OF OFFERING IS TO COLLECT IN TOTAL
APPROXIMATELY
EUR 7.0 MILLION NEW MONEY (GROSS) FOR COMPANY
    * VALOE- NEW SHARES APPLIED TO TRADE ON STOCK EXCHANGE LIST
OF
NASDAQ HELSINKI OY APPROXIMATELY ON 21 OCTOBER 2019 (UNLESS
SUBSCRIPTION PERIOD EXTENDED)
    * OBJECTIVE OF OFFERING IS THAT NEW SHARES WOULD BE
SUBSCRIBED BY
WAY OF SET-OFF FOR VALUE OF ABOUT EUR 3.0 MILLION

Source text for Eikon:  ID:nGNE66ptBN 
Further company coverage:  VALOE.HE 

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