Brief: Cabasse Group Announces Capital Increase Project Of About 1.5 Million Euros

Veom SA

11/11/2022 07:11

Nov 11 (Reuters) - Cabasse Group  ALCG.PA :
    * REPORTED ON THURSDAY CAPITAL INCREASE PROJECT
    * TARGET AMOUNT OF ABOUT EUR 1.5 MLN WITH CANCELLATION OF
PREFERENTIAL SUBSCRIPTION RIGHTS AND BY PUBLIC OFFERING
    * PROJECT OF FREE ALLOCATION OF SHARE WARRANTS (SHARE
PURCHASE
WARRANT (FIDÉLITÉ) TO ALL CABASSE SHAREHOLDERS
    * PROJECT TO FINANCE ITS SUBSIDIARY'S GROWTH PLAN IN GLOBAL
MARKET
OF LUXURY WIRELESS HOME AUDIO
    * CAPITAL INCREASE COULD BE COMPLETED BY PROPOSED
CONVERTIBLE BOND
ISSUE BY CABASSE SUBSIDIARY, FOR AMOUNT BETWEEN EUR 1.5 MLN AND
EUR 3.0 MLN
    * AT COMBINED GENERAL MEETING ON 21 NOVEMBER, SHAREHOLDERS
TO VOTE
ON CABASSE GROUP'S NAME CHANGE TO VEOM GROUP

     
 Source text for Eikon:  urn:newsml:reuters.com:*:nACT77204
 Further company coverage:  ALCG.PA  
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