O2i Société Anonyme (ENXTPA:ALODI) announced a private placement of 272,727 convertible bonds at €2.20 per bond for gross proceeds of €600,000 with an institutional investor on April 10, 2014. The bonds will be convertible into shares of the company at €2.20 per share.

On April 10, 2014, O2i Société Anonyme closed the transaction.