United States

Sniace SA (SNCE.MC)

SNCE.MC on Madrid SE C.A.T.S.

28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Sniace: receives purchase orders for about 30 pct of share capital increase
Friday, 24 Mar 2017 04:06am EDT 

Sniace SA : Says within its share capital hike has purchase orders for about 30 percent of the issue .Says current shareholders Grupo Naturhouse and Grupo TSK confirmed their orders for 20 percent of the share capital increase and a group of investors confirmed a subscription for the other 10 percent.  Full Article

Sniace to run capital hike of up to 11.7 million euros
Thursday, 16 Mar 2017 01:51pm EDT 

Sniace SA : To run capital hike issuing up to 117 million new shares at 0.10 euro per share, without share premium . To run a capital hike with preemptive rights .Issue nominal amount of up to 11.7 million euros.  Full Article

Sniace updates its guidance for FY 2017
Friday, 3 Mar 2017 02:46am EST 

Sniace SA : Announced on Thursday an update to its guidance for 2017 . Sees FY 2017 net loss of 2.8 million euros ($3.0 million)versus guidance for net profit of 10.8 million euros in its viability plan . Sees FY 2017 operating result of 1.0 million euros versus previous estimate of 13.8 million euros . Sees FY 2017 net sales of 58.1 million euros versus previous estimate of 93.9 million euros . Says resumption of pulp and energy production activities occurred four and a half months later than it was foreseen; says there was a breakdown in the steam production facilities that paralysed the operating activity during about 15 days .Sees to resume viscose fibre production during Oct. 2017.  Full Article

Sniace FY net result turns to loss of 7.9 mln euros
Friday, 24 Feb 2017 12:15pm EST 

Sniace SA : FY net loss 7.9 million euros ($8.4 million) versus profit 55.1 million euros year ago .FY net sales 9.9 million euros versus 1.2 million euros year ago.  Full Article

Sniace H1 net loss narrows to 3.2 mln euros
Wednesday, 31 Aug 2016 01:13am EDT 

Sniace SA : Said on Tuesday H1 net sales 1.7 million euros ($1.90 million) versus 247,000 euros year ago . H1 net loss 3.2 million euros versus loss 7.6 million euros year ago .H1 negative EBITDA 2.9 million euros versus negative 6.0 million euros year ago.  Full Article

Sniace to propose reverse stock split
Friday, 27 May 2016 01:34am EDT 

Sniace SA :Said on Thursday to propose share consolidation exchanging nine old shares for one new share, bringing share capital to 25,997,389 shares of 0.90 euros nominal value each.  Full Article

Sniace completes capital increase issuing 156 million shares
Thursday, 26 May 2016 12:32pm EDT 

Sniace SA : Completes capital increase issuing 156 million shares for 15.6 million euros ($17.4 million) .Says offer was oversubscribed 1.5 times.  Full Article

Sniace's shareholder to subscribe for additional 1.5 mln euros in capital increase
Wednesday, 18 May 2016 02:52am EDT 

Sniace SA : Says the company's shareholder and member of the board, Felix Revuelta Fernandez has fully subscribed for its part of capital increase of Sniace .The shareholder has made a request for subscription in amount of about 1.5 million euros ($1.7 million) in the second round of capital increase, bringing the total to subscribe to 3 million euros.  Full Article

Sniace Q1 net sales up at 1.3 million euros
Friday, 13 May 2016 12:45pm EDT 

Sniace SA : Q1 net sales 1.3 million euros ($1.47 million) versus 126,000 euros year ago . Q1 net loss 1.2 million euros versus loss 2.4 million euros year ago .Q1 EBITDA loss 628,000 euros versus loss 1.8 million euros year ago.  Full Article

Sniace to launch capital increase of 15.6 mln euros
Tuesday, 3 May 2016 08:00pm EDT 

Sniace SA:Says to launch capital increase of 15.6 million euros via issuance of up to 155.9 million new shares.  Full Article

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