Brief: Xilam Animation: Capital Increase Of Around 16 Million Euros

Xilam Animation SA

26/06/2018 16:58

June 26 (Reuters) - XILAM ANIMATION SA  XIL.PA :
    * XILAM ANNOUNCES A CAPITAL INCREASE THROUGH PRIVATE
PLACEMENT
    * LAUNCHES A CAPITAL INCREASE OF AROUND 16 MILLION EUROS
WITHOUT
PRE-EMPTIVE SUBSCRIPTION RIGHTS THROUGH PRIVATE PLACEMENT
    * TRANSACTION RELATES TO A MAXIMUM OF 10% OF THE COMPANY’S
SHARE
CAPITAL AND THE NEW SHARES WILL BE SUBJECT TO A REQUEST FOR
ADMITTANCE TO TRADING ON EURONEXT PARIS
    * PRIVATE PLACEMENT WILL BE PERFORMED VIA ACCELERATED
BOOKBUILDING
    * FUNDS WILL BE ALLOCATED TO IMPLEMENTATION OF A NEW
POST-2019/2020 EXPANSION PHASE
    * NEW SHARES WILL BEAR CURRENT DIVIDEND RIGHTS AND WILL BE
ADMITTED TO TRADING ON EURONEXT PARIS
    * FUNDS WILL BE ALLOCATED TO ACCELERATION OF GROWING
INFLUENCE AND
EXAMINATION OF ACQUISITION OPPORTUNITIES
    * NUMBER AND PRICE OF NEW SHARES TO BE ISSUED TO BE
DETERMINED
AFTER ACCELERATED BOOKBUILDING PROCESS
    * SUBSEQUENT TO CAPITAL INCREASE, MARC DU PONTAVICE,
CHAIRMAN,
CEO, WILL RETAIN MAJORITY OF VOTING RIGHTS IN CO

Source text for Eikon:  ID:nBw6kSWkla 
Further company coverage:  XIL.PA 

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