(Alliance News) - EPH Spa announced that it has received a request for conversion of three bonds from Negma Group Investment Ltd.
The bonds are part of the first two tranches--from a total of 161 bonds--of the convertible bond underwritten by Negma, and the two in question have a total equivalent value of EUR30,000.
The price per share will be EUR0.0006 while Negma will get 50.0 million shares after conversion. As a result, ePrice's share capital will rise to EUR8.4 million and the number of shares will be 388.6 million.
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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