Oranjewoud NV (ENATAM:ORANW) announced a private placement for gross proceeds of €20,000,000 on March 6, 2015. The company issued 1,855,288 common shares at €5.39 per share for €10,000,000 and subordinated loan for the remaining €10,000,000. The transaction included participation from existing investor Centric B.V. Following the transaction, the investor stake in the company has increased to 95.7% from 95.56%.