June 19 (Reuters) - ESPERITE NV ESPE.AS :
* REG-ESPERITE N.V. SECURES EXTERNAL FINANCING OF UP TO EUR 5 MILLION TO SUPPORT ITS COMMERCIAL ACTIVITY AND DEVELOPMENT OF INNOVATIVE TECHNOLOGIES
* UPON EXERCISE OF ALL SHARE SUBSCRIPTION WARRANTS, TOTAL INVESTMENT CAN REACH EUR 7.25 MILLION
* SUBSCRIPTION BY EUROPEAN SELECT GROWTH OPPORTUNITIES FUND, BASED IN AUSTRALIA
* POTENTIAL FINANCING OF UP TO EUR 5 MILLION THROUGH PRIVATE PLACEMENTS OF CONVERTIBLE NOTES OVER NEXT 24 MONTHS
* ESPERITE TO CONVENE A GENERAL MEETING TO PRESENT DETAILS OF FINANCING TO ITS SHAREHOLDERS
* THIS NEW EXTERNAL FINANCING IS IN ADDITION TO EARLIER ISSUANCE AGREEMENT OF UP TO EUR 9 MILLION
* NOTES HAVE PRINCIPAL AMOUNT OF EUR 10,000 EACH AND WILL BE SUBSCRIBED FOR WITH INITIAL TRANCHE OF EUR 300,000
* TO CONVENE GENERAL MEETING TO PROPOSE TO APPROVE ISSUANCE OF TRANCHES OF CONVERTIBLE NOTES WITH SHARE SUBSCRIPTION WARRANTS ATTACHED
* WARRANTS HAVE A MATURITY OF 5 YEARS FROM THEIR ISSUANCE DATE AND WILL BE IMMEDIATELY DETACHED FROM NOTES