Esperite N.V. (ENXTAM:ESP) announced a private placement of one convertible loan notes at €400,000 per note for gross proceeds of €400,000 on January 5, 2018. The transaction included participation from Frederic Amar, Executive Officer of the company. The note carries a fixed coupon of 7% per annum, payable annually in arrears on 31 December and would mature on 31 December 2018. The note is convertible into common shares of the company at an conversion price of €0.40 per share.