Travel Technology Interactive (ENXTPA:ALTTI) announced a private placement of 376,344 common shares at a price of €0.93 per share for gross proceeds of €350,000 and bonds for gross proceeds of €350,000, for aggregate gross proceeds of €700,000 on December 22, 2014. The company will also issue warrants in the transaction. The securities will be issued to Nextstage. The bonds will be issued over a period of four years. The bonds will carry an annual nominal fixed interest of 5% per annum and non-conversion premium equal to 3% capitalized annually.

On December 22, 2014, Travel Technology Interactive closed the transaction.