Brief: Technicolor: Results Of Capital Increase For About EUR 330 Mln

Vantiva SA

16/09/2020 07:29

Sept 16 (Reuters) - TECHNICOLOR SA  TCH.PA :
    * RESULTS OF CAPITAL INCREASE WITH SHAREHOLDERS'
PREFERENTIAL
SUBSCRIPTION RIGHTS FOR AN AMOUNT OF APPROXIMATELY EUR 330
MILLION
    * NUMBER OF NEW SHARES SUBSCRIBED ON AN IRREDUCIBLE BASIS (À
TITRE
IRRÉDUCTIBLE) AND REDUCIBLE BASIS (À TITRE RÉDUCTIBLE) AMOUNTS
TO 20,039,121 SHARES REPRESENTING 18.10% OF RIGHTS ISSUE AND
WILL BE FULLY ALLOCATED
    * UNIT PRICE OF 2.98 EUROS
    * SETTLEMENT-DELIVERY AND ADMISSION TO TRADING OF NEW SHARES
IS
SCHEDULED FOR 22 SEPTEMBER 2020
    * NEW SHARES WILL BE IMMEDIATELY ASSIMILATED TO EXISTING
SHARES OF
COMPANY AND WILL BE TRADED ON SAME QUOTATION LINE

Source text for Eikon:  ID:nGNXbWW6jB 
Further company coverage:  TCH.PA 

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