News
Launch Of Private Placement To Raise Gross Proceeds Of No Less Than Approximately EUR90.0 Million
BackFeb 24, 2021
| Announcement Title | Placements |
| Date & Time of Broadcast | Feb 24, 2021 9:57 |
| Status | New |
| Announcement Sub Title | Launch of Private Placement to Raise Gross Proceeds of No Less Than Approximately EUR90.0 Million |
| Announcement Reference | SG210224OTHR41U2 |
| Submitted By (Co./ Ind. Name) | Simon Garing |
| Designation | Chief Executive Officer and Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Proposed private placement of between 200,000,000 and 209,302,300 new units (both figures inclusive) in CEREIT ("New Units") to institutional and other investors at an issue price of between EUR0.43 and EUR0.45 per New Unit (both figures inclusive) (the "Issue Price Range") to raise gross proceeds of no less than approximately EUR90.0 million (the "Private Placement") with a placement upsize of EUR10.0 million. Please see the attached announcement. |
| Additional Details | |
| Capital Amount-Old | EUR 1,267,554,973 |
| Capital Amount-New | EUR 1,367,554,956 |
| No. of Existing Outstanding Shares | 2,556,080,556 |
| New Shares Issued | 209,302,300 |
| Offer Price | EUR 0.43 |
Attachments
- Attachment 1 (Size: 1,897,213 bytes)