Ellomay Capital Ltd. Announces a Proposed Private Placement of Ordinary Shares and Warrants to Israeli Institutional Investors for Approximately NIS 50 Million
Ellomay Capital Ltd Ordinary Shares (Israel) (ELLO)
NASDAQ:AMEX Investor Relations:
ellomay.com
Company Research
Source: PR Newswire
TEL-AVIV, Israel, Jan. 30, 2020 /PRNewswire/ -- Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) ("Ellomay" or the "Company"), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that it has received and accepted, following the approval of the Company's Board of Directors, commitments from two leading Israeli institutional investors to participate in a private placement of ordinary shares and warrants to purchase ordinary shares of the Company (the "Private Placement"). The price per share in the Private Placement was set at NIS 70 (approximately $20.2). The Company is expected to issue the participants in the Private Placement an aggregate of 715,000 ordinary shares and warrants to purchase an additional 178,750 ordinary shares (the "Warrants"). The Warrants are exercisable for a period of one year, with an exercise price of NIS 80 (approximately $23.1) per ordinary share. The gross proceeds to the C
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ELLO
Sec Filings
- 11/18/24 - Form 6-K
- 11/14/24 - Form SC
- 10/30/24 - Form 6-K
- ELLO's page on the SEC website