Brief: Valoe: Issue Of Convertible Notes And Warrants

Valoe Oyj

30/12/2020 15:43

Dec 30 (Reuters) - Valoe Oyj  VALOE.HE :
    * REG-ISSUE OF CONVERTIBLE NOTES AND WARRANTS AND CONVERSION
OF
CONVERTIBLE NOTES PURSUANT TO FINANCING ARRANGEMENT BETWEEN
VALOE CORPORATION AND WINANCE
    * HAS WITHDRAWN A TOTAL OF EUR 300,000 OF THIRD CONVERTIBLE
NOTES
TRANCHE AND ISSUED TO WINANCE IN TOTAL 300 CONVERTIBLE NOTES AND
IN TOTAL 1,200,000 WARRANTS RELATED THERETO
    * BOARD OF VALOE TO APPROVE REQUEST OF WINANCE TO CONVERT A
PROPORTION OF EUR 150,000 OF CONVERTIBLE NOTES TO SHARES IN
COMPANY AT A CONVERSION PRICE OF EUR 0.04 PER SHARE
    * CONVERSION SHALL BE EXECUTED BY TRANSFERRING A TOTAL OF
3,750,000 TREASURY SHARES TO WINANCE
    * AFTER TRANSFER, COMPANY WILL HAVE IN TOTAL 14,765,616
TREASURY
SHARES

Source text for Eikon:  ID:nGNE6nvjw6 
Further company coverage:  VALOE.HE 

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