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React Energy PLC - Significant Investment by EBIOSS & Notice of EGM

React Energy · REAC10 Jan 2017

·EBIOSS Energy has conditionally assigned the benefit of the €5,150,226 debt due to EBIOSS Energy from REACT's 50.02 per cent. subsidiary, Newry Biomass Limited, pursuant to the EQTEC Agreement, to REACT pursuant to the Settlement Deed. ·The New EBIOSS Shares are being issued at a price of 5.53 pence, which represents a premium of 47.5 per cent. to the closing...

·EBIOSS Energy has conditionally assigned the benefit of the €5,150,226 debt due to EBIOSS Energy from REACT's 50.02 per cent. subsidiary, Newry Biomass Limited, pursuant to the EQTEC Agreement, to REACT pursuant to the Settlement Deed. ·The New EBIOSS Shares are being issued at a price of 5.53 pence, which represents a premium of 47.5 per cent. to the closing...

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