LeadMedia Group (ENXTPA:ALLMG) announced a private placement of 300 convertible bonds at €10,000 per bond for gross proceeds of €3,000,000 on November 7, 2016. Each convertible bond will be issued at par. The bonds will be issued in six tranches of 50 bonds each. The company will also issue share subscription warrants. The company entered into a issuance agreement with Bracknor Fund Ltd, a fund managed by Bracknor Capital LTD. The transaction is subject to the approval of company's shareholders. The bonds will have a maturity of 112 months.