Liege, Belgium, 17 November 2022 – 17:45 CET – Mithra (Euronext Brussels: MITRA), a company dedicated to Women’s Health, today announces the issuance of a put option notice, according to the terms of the capital commitment agreement signed with LDA Capital Limited on April 24, 2020. Under the terms of this agreement extended in April 2022, LDA Capital commits an amount of up to EUR 75 million in cash within a maximum of five years (until April 2025) in exchange for new ordinary shares in Mithra. This is the fifth put option notice related to this agreement. The first four drawings resulted in the issuance of 1,541,153 shares for a total amount of approximately EUR 21 million, leaving approximately EUR 54 million available to Mithra.
The completion of the capital increase is subject to the subscription of the new shares by LDA Capital, amounting to a maximum of 690,295 new shares, and for a maximum amount of EUR 3.7 million. The new shares will be issued at an issue price determined by the Volume Weighted Average Price (WVAP) of the Company’s shares on Euronext Brussels during a period of 30 consecutive trading days, subject to certain adjustments specified in the capital commitment agreement.