KSG Agro issues 1.5 mln warrants
3 July 2012
KSG Agro (KSG PW) shareholders, at an AGM on June 29, agreed to issue 1.5 mln warrants exercisable into nominal shares over the next three years. The exercise price was set at PLN 35 for 0.75 mln warrants and PLN 40 for the other 0.75 mln. The issue is a part of an agreement with GEM Global Yield Fund Limited signed in April 2012, according to which the company has the right to receive up to PLN 75 mln in an equity line of credit.
