Result of Tecnotree Corporation’s directed share issue
Tecnotree Corporation Stock Exchange Release 4 Aug 2021 at 17:00 EETOn 30 July 2021, Tecnotree Corporation (the ”Company”) announced a directed issue (the “Issue”). All the offered 30,577,778 new shares in the Company (the “Shares”) were subscribed for in the Issue. The subscription price in the Issue was EUR 0.72 per Share and the Company will receive gross proceeds of approximately EUR 22 million from the Issue. The Issue supports the debt repayment capability and strengthens the working capital of the Company. The Company’s Board of Directors has today approved the subscriptions made