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Titan N.V.

Titan N.V.

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Publicatie datum 02 apr 2015 - 07:49
Statutaire naam Titan N.V.
Titel TIE Kinetix: Update EU development grants; new shares issued
Bericht TIE Kinetix N.V. (“TIE Kinetix”) reports the issue of an amount of 115.385 new shares at a share issue price of € 6,11, for a cash consideration of € 705.000 to cover repayment of EU development grants. Furthermore, an amount of 49.100 new shares will be issued to cover the costs of the guarantee of € 300.000. Additional share issues may be considered in the near future, depending on the total amount of EU Development grants that the company has to repay to the European Commission.