Lucibel SA announced that it has entered into financing agreement to issue redeemable share subscription warrants for gross proceeds of €1.7 million on July 21, 2022. The transaction will include participation from Nice & Green SA. The financing program consists of 5 equal tranches of 300,000 redeemable share subscription warrants by issue of a maximum of 1,500,000 redeemable share subscription warrants.

The unit subscription price of each redeemable share subscription warrants is equal to 20% of the volume-weighted average price of 10 trading sessions immediately preceding the date of subscription of a tranche of redeemable share subscription warrants and will be paid by investor to company on the subscription date. The issue subject to the approval of the AMF.