Transactions by AB SCIENCE SA (AB) in the last 6 months

AB Science S.A. (ENXTPA:AB) announced a private placement of 50 no1 convertible bonds at €213,162.98 per bond and 15 no2 convertible bonds at €123,341.28 per bond for gross proceeds of €12,508,268.20. on June 10, 2013. The transaction will include participation from existing shareholders of the company. No1 convertible bond will bear interest at 0.00% and will mature in seven years from the date of issuance. The company will pay accrued interest of 2.5% on both the bonds ... if they are repaid in cash. No1 convertible bond will be convertible into common shares of the company at €23.53 per share. No2 convertible bond will bear interest at 0.25% per annum and will also mature in seven years from the date of issuance. The bond will be convertible into common shares of the company at a conversion price of €29.30 per share. In the event, the bonds are completely converted into common shares of the company, the company will issue 516,104 common shares to the bondholders. If, before June 30 2016, the three-month moving average share price of the company is greater or equal to €28.90 for no1 bond or €36 for no2 bond, the company will have the possibility to repay the bonds in cash in advance, as long as the bondholder had not requested a conversion of the bonds.
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