January 30, 2018 / 1:50 PM / in 7 months

BRIEF-Netbooster Raises Nearly 15.5 Million Euros in Private Placement

Jan 30 (Reuters) - Netbooster Sa:

* REG-NETBOOSTER GROUP : SUCCESSFUL PRIVATE PLACEMENT : NEARLY €15.5M RAISED

* NETBOOSTER IS CHANGING ITS NAME TO ARTEFACT

* TOTAL DEMAND OF AROUND EUR 41M, OVERSUBSCRIBED BY MORE THAN 2,6 TIM

* ‍COMPANY ISSUED 5,158,223 NEW SHARES EACH WITH A PAR VALUE OF EUR 0.10, WITH A UNIT PRICE OF EUR 3​

* ‍GROUP INTENDS TO EXCEED EUR 100M IN GROSS PROFIT BY 2020​

* ‍AIM OF GENERATING EBITDA OF BETWEEN 10% AND 15% OF GROSS PROFIT WITHIN THREE YEARS​ Source text for Eikon: Further company coverage: (Gdynia Newsroom:)

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