Brief: Yoc decides on capital increase and debt financing
19/04/2016 15:31
April 19 (Reuters) - Yoc Ag YOCG.DE :
* Decides on capital increase/private placement and debt
financing lead to cash inflow of around 1.0 million euros
($1.14 million)
* To implement a capital increase from authorised capital
against cash contributions in amount of 180,505 new shares under
exclusion of subscription rights
* Issue price of 2.77 euros per share
* Gross issue proceeds from capital increase will come to
around 0.5 million euros
* Capital stock will thereby increase by 180,505.00 euros
* In addition, company has agreed upon concomitant debt
financing at standard market conditions, maturing end Q4 2018,
which will bring a further inflow of 0.5 million euros
Source text for Eikon: ID:nEQ1Ty8X5a
Further company coverage: YOCG.DE
($1 = 0.8794 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))