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BRIEF-Mastrad launches 1.66 million euro capital increase
March 17, 2017 / 7:28 AM / 8 months ago

BRIEF-Mastrad launches 1.66 million euro capital increase

March 17 (Reuters) - Mastrad SA:

* Realizes private placement of 0.784 million euros ($844,838.40)

* Launches capital increase for a max of 1.660 million euros by public offer without preferential subscription rights

* Issuance of 2,307,692 common shares, which may be increased to maximum of 2,553,846 shares at a price of 0.65 euro per share

* Issue price is discount of 29.35 percent compared to the average close of the last 20 trading sessions preceding the decision to launch operation Source text for Eikon: Further company coverage: ($1 = 0.9280 euros) (Gdynia Newsroom:)

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