BBS-Bioactive Bone Substitutes Plc has renewed a capital facility with RiverFort Global Opportunities PCC
BBS-Bioactive Bone Substitutes Plc, Company announcement, Inside information, 31 March 2023 at 7.45 p.m. (EEST)
BBS-Bioactive Bone Substitutes Plc has renewed a capital facility with RiverFort Global Opportunities PCC
BBS-Bioactive Bone Substitutes Plc (“BBS, “Company”) has today renewed the company's capital facility agreement announced on September 30, 2021 with Riverfort Global Opportunities PCC (“RiverFort”) and the maturity dates of repayment installments have been extended by one year. For the first installment the maturity date is 31 March 2024 (previously 31 March 2023) and for the second it is 22 August 2024 (previously 22 August 2024). Key commercial terms and conditions remain unchanged. The reference price on the outstanding amount is recalculated according to the agreement terms to be now EUR 1.008 per share. Consequently, the fixed conversion price shall be EUR 1.4113 per share.
The issuer shall issue 177,140 warrants to Riverfort with the exercise price of EUR 1.4113 per share and expiry date of March 2027.
RiverFort has decided to convert EUR 50,000 of the loan capital into BBS shares, and in addition, a contract renewal fee (5% of the loan capital, equal to EUR 25,000) will be settled in shares. Consequently, BBS issued RiverFort a total of 84,303 company shares at a price of EUR 0.8897 per share. After the transfers, BBS will hold 425,220 treasury shares.
"Our close cooperation with RiverFort continues, and the new arrangement strengthens our company's working capital and supports the company's goal of receiving the CE marking," says Ilkka Kangasniemi, CEO of BBS.
For more information, please contact:
Ilkka Kangasniemi, CEO,+358 40 7080307,
ilkka.kangasniemi@bbs-artebone.fi
Certified Advisor: Nordic Certified Adviser AB,+46 70 551 67 29,
info@certifiedadviser.se
BBS in brief
BBS-Bioactive Bone Substitutes Plc is a Finnish orthobiology company whose core competence is the development, commercialization and manufacture of easy-to-use bone implants that promote bone formation and healing. Bone substitutes, i.e. implants, are intended for the treatment of various bone damage, bone healing problems and bone diseases instead of autologous and bank bone grafts. BBS aims to become one of the leading players in the field of bioactive implants intended for bone healing problems. The company's head office is located in Oulu, and it employs 20 people.
BBS was founded in 2003, and the company has been listed on Nasdaq First North Growth Market Finland since February 2018.
More information: www.bbs-artebone.fi
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Prosafe SE: Operational Update - March 202419.3.2024 13:27:59 CET | Press release
Fleet utilization for February 2024 was 55.9 percent. Safe Notos, Safe Zephyrus and Safe Concordia had utilization of 100 percent in February. Safe Eurus had utilization of 91.3 percent in February due to a repair that was completed during the month. Safe Caledonia is laid up at Scapa Flow in the UK pending future work. Safe Boreas and Safe Scandinavia are laid up in Norway pending future work Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com Stavanger, 19 March 2024 Prosafe SE For further information, please contact: Terje Askvig, CEO Phone: +47 952 03 886 Reese McNeel, CFO Phone: +47 415 08 186 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Inside Information: Manu Skyttä, new President and CEO of Aspocomp Group Plc, will assume his duties on May 20, 202419.3.2024 13:25:00 CET | Press release
Aspocomp Group Plc, Inside Information, March 19, 2024 at 2:25 p.m. “We are pleased that Manu Skyttä will take up his position as President and CEO of Aspocomp in May. With his character, competence and energy, Mr. Skyttä strengthens Aspocomp’s strategy as a trusted supplier of demanding circuit board technology to all Aspocomp customers. At this point, I would like to thank Mikko Montonen on behalf of the entire Board for his long-term commitment to Aspocomp,” says Päivi Marttila, Chair of Aspocomp’s Board. Manu Skyttä succeeds Mikko Montonen, who, as previously announced, has agreed with the Board of Directors to step down from the role of President and CEO of the company. Mr. Montonen has committed to staying on as the company's President and CEO until May 20, 2024. For further information, please contact Päivi Marttila, the Chair of the Board of Directors, tel. +358 40 028 5358. ASPOCOMP GROUP PLC Board of Directors Aspocomp – heart of your technology A printed circuit board (PCB)
Investeringsforvaltningsaftale med BI Management A/S er godkendt af Finanstilsynet19.3.2024 13:15:48 CET | pressemeddelelse
PFA Asset Management A/S offentliggjorde i selskabsmeddelelse af 22. januar 2024, at Investeringsforeningen PFA Invests (”Foreningen”) bestyrelse havde besluttet at udpege BI Management A/S som investeringsforvaltningsselskab for Foreningen. Finanstilsynet har godkendt valget af BI Management A/S som nyt investeringsforvaltningsselskab for Foreningen. BI Management A/S vil overtage rollen som investeringsforvaltningsselskab seneste ved udgangen af andet kvartal 2024. Eventuel henvendelse vedrørende denne meddelelse kan rettes til direktør Rasmus Bessing. Med venlig hilsen PFA Asset Management A/S Rasmus Bessing Direktør
Offentliggørelse af bestyrelsens redegørelse19.3.2024 13:05:00 CET | pressemeddelelse
Selskabsmeddelelse nr. 8-2023/24 19. marts 2024 MÅ IKKE OFFENTLIGGØRES, PUBLICERES ELLER UDLEVERES DIREKTE ELLER INDIREKTE I ELLER TIL NOGEN JURISDIKTION, HVOR DETTE VILLE UDGØRE EN OVERTRÆDELSE AF GÆLDENDE LOVGIVNING ELLER REGLER I DEN PÅGÆLDENDE JURISDIKTION, HERUNDER I USA Offentliggørelse af bestyrelsens redegørelse Med henvisning til InterMail A/S' ("InterMail") meddelelse af 5. marts 2024 (nr. 7-2023/24) om offentliggørelse af tilbudsdokumentet vedrørende det frivillige offentlige overtagelsestilbud på InterMail fremsat af CapHold 4 inv ApS ("Tilbuddet"), offentliggør InterMail i dag bestyrelsens redegørelse om Tilbuddet ("Redegørelsen") i henhold til § 22 i bekendtgørelse nr. 636/2020 om overtagelsestilbud. Redegørelsen indeholder bestyrelsens holdning til tilbuddet og begrundelsen herfor, herunder bestyrelsens holdning til konsekvenserne for alle selskabets interessenter og til tilbudsgivers strategiske planer for målselskabet samt disses sandsynlige konsekvenser for beskæftige
Zoom Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 202419.3.2024 13:04:05 CET | Press release
SAN JOSE, Calif., March 19, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024. This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations. These organizations are setting new standards and achieving remarkable milestones in all sectors of the economy. Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 606 organizations across 58 sectors and regions. “At Zoom, we continue to innovate rapidly and are doubling down on our commitment to offering an AI-powered collaboration platform that delivers limitless human connection, reimagines teamwork, and strengthens customer connections,” said Smita Hashim, chief product officer at Zoom. “Fast Company’s recognition further validates our mission and dedication to providing our customers with choice and a high-quality, open collaboration platform power