May 14, 2018 / 6:30 AM / 6 days ago

BRIEF-PEPEES To Issue 2,000 Series AZ Convertible Bonds

May 14 (Reuters) - PEPEES SA:

* SAID ON SATURDAY THAT ITS SHAREHOLDERS RESOLVED TO ISSUE NO MORE THAN 2,000 SERIES AZ CONVERTIBLE BONDS OF NOMINAL VALUE OF 10,000 ZLOTYS EACH

* EACH BOND WILL ENABLE TO ACQUIRE 10,000 OF COMPANY’S SERIES C SHARES AT ISSUE PRICE OF 1 ZLOTY/EACH

* BONDS WILL BEAR 5% INTEREST PER ANNUM AND WILL BE OFFERED IN PRIVATE SUBSCRIPTION

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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