Brief: Invibes Advertising Launches 15 Mln Euros Capital Increase

Invibes Advertising NV

26/01/2022 18:14

Jan 26 (Reuters) - Invibes Advertising NV  ALINV.PA :
    * LAUNCHES A CAPITAL INCREASE BY PRIVATE PLACEMENT TO
FINANCE ITS
ACCELERATED GROWTH
    * CAPITAL INCREASE IN CASH VIA AN ACCELERATED BOOKBUILDING
FOR AN
AMOUNT OF APPROXIMATELY 15 MILLION EUROS
    * ROADMAP WOULD ENABLE IT TO ACHIEVE A TURNOVER OF €100
MILLION BY
2024
    * WHILST A SIGNIFICANT PORTION OF THIS GROWTH SHOULD BE
ACHIEVABLE
ORGANICALLY, IT COULD ALSO INCLUDE SOME M&A ACTIVITY

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL8cxkyM
Further company coverage:  ALINV.PA 

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