Tecnotree receives 22 Mn Euro investment offer - plans directed share issue
Tecnotree Corporation Stock Exchange Release 9 Jul 2021 at 14:31 EETTecnotree Corporation (the “Company”) is planning a directed share issue to raise approximately EUR 22 million in gross proceeds. The purpose of the planned directed issue is to support the debt repayment capability and strengthen the working capital of the Company. The Company is planning to issue a maximum of 30,577,778 new shares, which is equal to approximately 10.8 per cent of the total number of the Company’s current shares, in a directed share issue in deviation from the shareholders’ pre-emptive subscription