Wireless Telecommunications Services

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Eurona Wireless Telecom gives further details on share capital increase

Friday, 17 Oct 2014 01:37pm EDT

Eurona Wireless Telecom SA:Says, as a continuation of share capital increase announcement from Oct. 10, board fixed the share value at 2.60 euros each (nominal value of 1 euro per share and premium of 1.60 euros per share).

Cliq Digital AG launches rights offerings of new shares and convertible bond

Wednesday, 15 Oct 2014 02:45am EDT

Cliq Digital AG:Says to issue up to 1,480,349 shares at 1.50 euro per share in capital increase with subscription rights at a subscription ratio of 3:1.Says to issue a convertible bond with total nominal value of up to 2.4 million euros with annual coupon of 6.5 pct, maturing on Nov. 5, 2017.Says subscription period for new shares and convertible bonds is expected to run from Oct. 17 to Oct. 30, 2014.Says net proceeds in amount of about 4.0 million euros from capital increase and convertible bond, up to 3.5 million euros shall be used for reducing Cliq Digital's current and non-current debt.

Stream Group Ltd announces placement and rights issue to raise up to $5.8 million

Tuesday, 14 Oct 2014 08:00pm EDT

Stream Group Ltd:Announces completion of an institutional placement of about 15.6 million shares at an issue price of $0.18 per share to raise $2.8 million before costs.In addition to the placement, Stream intends to conduct a one for ten non renounceable rights issue at an issue price of $0.18 per share to raise up to an additional $2.9 million before costs.The Rights Issue is underwritten in the amount of $2.7 million which is detailed further below.Taylor Collison acted as Lead Manager for the Placement and has agreed to underwrite $1.2 million of any shortfall.Stream has also received a commitment from certain major shareholders including Directors to underwrite the first $1.5 million of any shortfall from the Rights Issue.The combination of the placement and underwriting has secured about $5.5 million to provide additional working capital during the benign claims environment and allow Stream to continue the growth of products and services in Australia, New Zealand and the United Kingdom.Says the settlement of the placement is expected to occur on Oct. 15, 2014 with the placement shares issued on Oct. 17, 2014.

Eurona Wireless Telecom announces three share capital increases

Friday, 10 Oct 2014 04:40am EDT

Eurona Wireless Telecom SA:Announces three share capital increases.Says first capital increase amounts to 57,536 euros by issuing 57,536 shares.Says second capital increase amounts to 2.8 million euros by issuing 2.8 million shares.Says third capital increase amounts to a maximum of 5.5 million euros through monetary contribution by issuing 5.5 million shares.

Hits Telecom Holding Co KSCC announces capital increase subscription date

Wednesday, 1 Oct 2014 08:00pm EDT

Hits Telecom Holding Co KSCC:Announces that the subscription period in the company's capital increase by 21 percent through the offer of 151,424,750 shares at a nominal price 0.100 Kuwaiti dinar per share to be allocated to the company's creditors from Oct. 2 until Oct. 23.

Reliance Communications Ltd promoter group invests 6.50 bln Indian rupees ($ 108 mln) in RCOM by subscription of warrants on preferential issue

Thursday, 7 Aug 2014 02:23am EDT

Reliance Communications Ltd:Promoter group invests 6.50 bln Indian rupees ($ 108 mln) in Rcom by subscription of warrants on preferential issue.Promoter group is investing at 150 Indian rupees per equity share.Balance investment of 6.50 bln Indian rupees (U pct 108 mln) will be made by promoters before March. 31, 2015.RCOM consolidated net worth rises to 313.69 bln Indian rupees ($ 5.14 bln).RCOM to use proceeds of preferential issue to reduce debt.Pursuant to resolution passed by shareholders of company at an extra ordinary general meeting of the shareholders of the company held on July 24 committee of directors have allotted, 86.7 mln Indian rupees warrants.Says which entitle equivalent number of equity shares of 5 Indian Rupees each at price of 150 Indian Rupees per share (including a premium of 145 Indian Rupees per share).Aggregating to 13 bln Indian Rupees ($ 216 mln) to Telecom Infrastructure Finance Private Limited, a Promoter Group company, as per provisions of the Securities and Exchange Board of India.Company has received 6.50 bln Indian rupees ($ 108 mln) from Telecom Infrastructure Finance Private Limited equivalent to 50 pct of the issue price of the Equity Shares upon allotment of Warrants and balance amount of 6.50 bln Indian rupees ($ 108 mln) will be received on or before March 31, 2015.Promoter Group is investing at 150 Indian Rupees per equity share.

Jumbuck Entertainment Ltd receives strong commitments to raise A$2.8 million

Thursday, 31 Jul 2014 08:00pm EDT

Jumbuck Entertainment Ltd:Says it has received commitments from sophisticated and institutional investors and Directors to raise about A$2.8 million through the issue of about 50.8 million new fully paid ordinary shares in the company at an issue price of $0.055 (5.5 cents) per share.Says the proceeds raised through the placement will enable the company to accelerate the expansion of its rapidly growing base of law content contributors and to support overall marketing activities and other working capital purposes.

StarDSL AG completes capital increase

Tuesday, 8 Jul 2014 09:23am EDT

StarDSL AG:Says completed capital increase.Says capital increase of 10.5 million euros by 1.1 million euros to 11.6 million euros.Says gross proceeds to be about 1.16 million euros.Says to use proceeds to finance future growth.

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