May 24, 2017 / 5:12 AM / 3 months ago

BRIEF-Lexibook carries out free allocation of warrants

May 24 (Reuters) - LEXIBOOK LINGUISTIC ELECTRONIC SYSTEM SA :

* FREE ALLOCATION OF WARRANTS REPAYABLE TO THE SHAREHOLDERS OF THE COMPANY

* THE HOLDERS OF WARRANTS WILL BE ABLE TO EXERCISE THEM AND THUS OBTAIN SHARES OF LEXIBOOK FROM THE ISSUANCE OF WARRANTS AND FOR A PERIOD OF 6 MTHS

* THE ERXERCICE PRICE OF EACH WARRANTS IS EUR 1.76

* EXERCISE PARITY ESTABLISHES THAT 13 WARRANTS GIVE THE RIGHT TO SUBSCRIBE 5 NEW SHARES OF LEXIBOOK AT 1.76 EUROS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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