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Ki Group, Negma requires conversion of over 413 thousand Warrants

Zachary Pearce by Zachary Pearce
September 9, 2021
in Economy
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Ki Group, Negma requires conversion of over 413 thousand Warrants
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(Teleborsa) – Ki Group, a company listed on AIM-Italia and active in the wholesale distribution, marketing and production of organic and natural products, has received from Negma a request for conversion of 413,565 Warrants A, issued on 26 November 2020, as per a specific contract signed at the end of 2020.

Therefore, against the cancellation of the 413,565 Warrants A subject to the conversion request, 413,565 new ordinary shares and 103,391 B Warrants will be issued.

The exercise price of the Warrants A subject to conversion was determined at € 0.13 per share, for a total value of approximately € 53,763.

Following the conversion, 31,511,226 Warrants A and 2,122,194 Warrants B still need to be converted.

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Tags: conversionfinanceGroupNegmarequiresthousandWarrants
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