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FirstFarms — Share Issue/Capital Change 2017
Mar 24, 2017
3433_rns_2017-03-24_31090bf3-a53a-435d-821a-c82e57c3edc4.pdf
Share Issue/Capital Change
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FirstFarms
Company announcement no. 5/2017
24 March 2017
Capital increase at issuance of shares and issuance of convertible bonds
In continuation of company announcement 4/2017 of 31 January 2017, final closing of the purchase of Dan-Farm Holding A/S has now been carried out.
In that connection, new shares in FirstFarms A/S are issued to purchase the shares in Dan-Farm Holding A/S. Furthermore, convertible bonds in FirstFarms A/S are issued. The proceed will be used to repayment of loans in Dan-Farm Holding A/S from the former shareholders in the company.
Thus, 203,678 shares of DKK 10 are issued, corresponding to a capital increase of DKK 2,036,780. The shares are issued at price 46.15.
Furthermore, by a direct placement towards the shareholders in Dan-Farm Holding A/S, convertible bonds are issued for a total amount of DKK 13,218,415. If all these owners of the convertible bonds choose to utilise the right to convert in 2020, the capital increase will be DKK 2,864,230 corresponding to 286,423 shares.
Best regards
FirstFarms A/S
For further information:
Please visit our website www.firstfarms.com or
contact CEO Anders H. Nørgaard on telephone +45 75 86 87 87.
Company announcement no. 5/2017 for FirstFarms A/S
FirstFarms A/S
Majsmarken 1 – 7190 Billund – Danmark – Tel.: +45 7586 8787
www.firstfarms.dk – www.firstfarms.com – [email protected]
CVR no.: 28312504 – Registered office: Billund