Brief: Novavis Signs Term Sheet On Green Energy Sector Development

Voolt SA

07/07/2020 16:51

July 7 (Reuters) - Novavis SA  NVV.WA :
    * SIGNS TERM SHEET WITH IMPERA INVEST AND LONDON-BASED
MARSHALL
NORDIC WITH PARTICIPATION OF RUBICON PARTNERS
    * TERM SHEET SETS FRAMEWORK CONDITIONS FOR DEAL ON FINANCING
FOR
CO'S DEVELOPMENT IN GREEN ENERGY SECTOR
    * RUBICON PARTNERS TO GET MAJORITY STAKE IN THE COMPANY,
WHILE
MARSHALL NORDIC TO GET MAJORITY STAKE IN RUBICON PARTNERS
    * RUBICON PARTNERS TO VOTE ON INCREASING SHARE CAPITAL VIA
ISSUE
OF 27.5 MILLION C2 SERIES SHARES AT 1.75 ZLOTYS PER SHARE
DIRECTED AT MARSHALL NORDIC IN PRIVATE SUBSCRIPTION
    * RUBICON PARTNERS EGM TO ALSO VOTE ON CHANGING NAME TO
NOVAVIS
GROUP
    * NOVAVIS SHAREHOLDERS TO GET 6.3 NEWLY ISSUED SHARES IN
RUBICON
PARTNERS PER EACH SHARE IN COMPANY

Source text for Eikon:  ID:nEM3JjtlTa 
Further company coverage:  NVV.WA 

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