April 25, 2018 / 4:49 PM / 8 months ago

BRIEF-Invibes Advertising Completes EUR 2 Mln Private Placement

April 25 (Reuters) - INVIBES ADVERTISING NV:

* €2 MILLION PRIVATE PLACEMENT TO DRIVE INVESTMENTS

* ISSUANCE AND ADMISSION TO EURONEXT ACCESS OF 380,952 NEW SHARES AT PRICE OF EUR 5.25 PER SHARE

* ALSO PLANS TO TRANSFER SHARE TO EURONEXT GROWTH MARKET IN NEAR FUTURE

* FOLLOWING TRANSACTION, CO’S SHARE CAPITAL WILL AMOUNT TO €4.2 MILLION, DIVIDED INTO 2.6 MILLION SHARES

* ADMISSION OF NEW SHARES ISSUED VIA PRIVATE PLACEMENT ON EURONEXT ACCESS IS SCHEDULED TO TAKE PLACE BEFORE 30 APRIL 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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