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Results of the public offering of 16,554,422 new Zenitel shares

Results of the public offering of 16,554,422 new shares in the context of a capital increase in cash with non-statutory preferential subscription rights in the framework of the authorized capital, of an amount of € 13,243,538.

During the offering period with non-statutory preferential subscription rights ending 19 June 2014, 12,559,701 new shares were subscribed for a total amount of € 10,047,761. This corresponds to 75.87% of the maximum number of new shares offered.

The 3,994,721 new shares that were not subscribed by existing shareholders through the exercise of their non-statutory preferential subscription rights were subscribed by 3D NV through the execution of its backstop commitment, at the same conditions and issue price, for a total amount of € 3,195,777.
In aggregate, 100% of the 16,554,422 new shares were subscribed, for an amount of € 13,243,538.

Zenitel is very pleased with the results and wants to thank all of its shareholders for their confidence.

The settlement of all new shares will take place on 24 June 2014 and the new shares will be tradable on Euronext Brussels from the same date onwards.

Download the Press release below for complete information