Inside information: Issuance of Compulsorily Convertible Debentures (“CCD”)
Tecnotree Corporation ("Tecnotree" or the "Company") had previously announced on 18 April 2023 its intention to publish the final terms of the transaction for the issuance of Compulsorily Convertible Debentures (“CCD”) (the "Transaction"). The final terms and conditions of the Transaction are attached to this release.The key terms of the Transaction, are as below: a. Individual CCD Value: Each CCD is valued at EUR 100,000. b. Total Number of CCD: 500 CCDs, or up to 600 if the Board decides to increase the total value of the CCDs to up to EUR 60 million prior to the end of the