European High Growth Opportunities Securitization Fund has requested its first conversion of notes from the second tranche
In accordance with the financial agreement announced by EcoRub through the press release of October 8th, 2018 EHGOSF has requested conversion of eight notes from the second tranche.The first tranche was for 5 million SEK and divided into fifty notes. All these notes are converted into shares. The second tranche was for 2,5 million SEK and divided into twentyfive notes. Eight notes will now be converted into shares. The value of these notes are 800 000 SEK. The conversion price for the first trance is 93 % of the lowest closing VWAP of the shares during a period of fifteen trading days