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BRIEF-Emova Group launches 5 million capital increase
March 21, 2017 / 7:18 AM / 7 months ago

BRIEF-Emova Group launches 5 million capital increase

March 21 (Reuters) - Emova Group SA:

* Said on Monday it is to launch a 5 million euro ($5.38 million) capital increase from March 23

* To issue 10,865,029 ordinary shares with warrants attached at 0.46 euro per share

* Capital increase is part of the accelerated financial safeguard plan approved by the Paris Commercial Court on January 20, which principally aims to repay bondholders Source text: bit.ly/2mKCIgT Further company coverage: ($1 = 0.9291 euros) (Gdynia Newsroom:)

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