(Alliance News) - Eems Italia Spa announced that it has issued 10 million new ordinary shares to Negma Group Investment Ltd.

The azinoi are the result of the conversion of five bonds requested by the investor. The conversion price was EUR0.005 each.

Following the new issue, the company's share capital will be EUR2.5 million, divided into 628.3 million ordinary shares.

Eems trades in the red by 10 percent at EUR0.0045 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.