In This Article:
As mentioned in company announcement 14/2018 of 31 August 2018, 10 bond owners have chosen to convert bonds for DKK 26,414,836 to FirstFarms shares.
Thus, as per 1 October 2018, 617,452 shares of DKK 10 are issued, corresponding to a capital increase of DKK 6,174,520. The shares are issued at price 42.78.
The company`s new capital hereafter constitutes DKK 61,594,040.
The following related parties have converted bonds: Chairman Henrik Hougaard for DKK 12,005,495, board member Bent Juul Jensen for DKK 4,802,198 and CEO Anders H. Nørgaard for DKK 1,351,648.
Best regards
FirstFarms A/S
For further information:
Please visit our website www.firstfarms.com or
contact CEO Anders H. Nørgaard on telephone +45 75 86 87 87.
About FirstFarms:
FirstFarms is a Danish stock exchange listed company, which purchases and operates agriculture in Eastern Europe. We develop the individual farms to modern and sustainable businesses that deliver milk, meat and grains of the highest quality to the dinner tables all over the world.
(15) Capital increase at conversion of bonds to shares (UK)
This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FirstFarms A/S via GlobeNewswire
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