(Alliance News) - Deodato.Gallery Spa announced Tuesday that the board has approved a capital increase to service a convertible bond issue.
The aucap will be EUR1.0 million, servicing 2.0 million convertible bonds worth EUR0.50 each. The bonds - all subscribed - will be convertible at a conversion price of EUR0.50 each.
Deodato.Gallery's stock is unchanged at EUR0.41 per share.
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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