conVISUAL AG (XTRA:C1V) announced a private placement of 570,000 shares at a price of €1.25 per share for gross proceeds of €712,500 on October 13, 2014. The securities will be issued without subscription rights to institutional investors.

On October 14, 2014, the company announced that the transaction has been approved by the shareholders of the company. The company will issue 520,000 shares at a price of €1.05 per share for gross proceeds of up to €546,000.