I think they're giving out a free bath tap to everyone who signs up for ... whatever they're offering. I don't know. 'Ha! I don't think so, boss. What is this?' Well, it's the Thursday morning PR email, back by popular demand.
Courbevoie, 10 August 2016 - Eduniversal S.A. (the "Company") announces today that it is considering, subject to market conditions, carrying out a tap issue of the Company's 2%, mandatory convertible notes convertible into new ordinary shares of the Company having a par value of EUR 0.25 (the "Ordinary Shares") by issuing additional mandatory convertible notes with an aggregate amount of up to EUR 1,000,000 (the "Further Notes") with a nominal value of EUR 100,000 each, against cash contributions.
You see, Voice? 'It's old news. Look at the other email.' What other email?! 'The other email that Sandra sent you.' Who the hell is Sandra?! 'The bird! The bird, man, at the PR firm.' Don't call her that. Christ! Hang on a minute. / Do you mean this?
Courbevoie, 11 August, 2016 - The Board of Directors of Eduniversal S.A. (the "Company") resolved to carry out a tap issue of the Company's 2%, mandatory convertible notes convertible into new ordinary shares having a par value of EUR 0.25 (the "Ordinary Shares") of the Company ("Mandatory Convertible Notes") by issuing additional Mandatory Convertible Notes for a total consideration of up to EUR 1,000,000 (the "Further Notes"). The Further Notes will be issued, with nominal value of EUR 100,000 per note, at an offer price to be determined by a bookbuilding process. Subscription rights of existing shareholders were excluded.
'Yes!' Well ... they're just one day apart, ain't they? Christ! First they consider, and then they fucking resolve. Why couldn't Sandra tell me about it when it was all over? 'Because she's a drama queen, boss.' / What else is there?
La Financiere d'Uzes will offer the Notes to institutional investors by means of a private placement outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended, (the "Securities Act") and in the United States only to persons reasonably believed to be qualified institutional buyers ("QIBS" - ?!) within the meaning of and in reliance on Rule 144A under the Securities Act in compliance with any applicable securities laws. The Board of Directors will specify the number of Notes to be placed by separate resolution. The offer price is expected to be determined today with settlement on or around 16 August 2016 with a nominal value of EUR 100,000 each, against cash contributions.
'Nice.' Yeah, I suppose. / What is this Eduniversal, anyway?
Headquartered in Courbevoie, Eduniversal is a global ranking and rating agency specialising in higher education. The company has established strong expertise in evaluating academic institutions and programs in France since 1994, and internationally since 2007. Eduniversal produces two annual global rankings: The Best 1000 Business Schools in 154 countries and The Best 4000 Masters and MBA programs in 30 fields of study in 154 countries. These rankings are designed to provide information to prospective graduate students that will help them in their search for their future studies in the following zones: Africa, Central Asia, Eastern Europe, Eurasia & Middle East, Far East Asia, Latin America, North America, Oceania, Western Europe. Eduniversal also offers comprehensive sourcing, communication and candidate relationship management solutions for headhunters and executive search firms.
Okay. Where do the bath taps come into it? That's what I want to know. 'There are no bath taps, boss. You were confused.' Ha! The story of my life.
...
Right. That's enough, surely. I've done my duty for another week. I've got some guitar playing to do. I did three hours yesterday. 'Is this a music update, Mikey?' No. But I've got a new tune, man, which might turn out to be something. I reject two or three musical ideas every day, so I don't know. Let's wait and see. / Laters.
Courbevoie, 10 August 2016 - Eduniversal S.A. (the "Company") announces today that it is considering, subject to market conditions, carrying out a tap issue of the Company's 2%, mandatory convertible notes convertible into new ordinary shares of the Company having a par value of EUR 0.25 (the "Ordinary Shares") by issuing additional mandatory convertible notes with an aggregate amount of up to EUR 1,000,000 (the "Further Notes") with a nominal value of EUR 100,000 each, against cash contributions.
You see, Voice? 'It's old news. Look at the other email.' What other email?! 'The other email that Sandra sent you.' Who the hell is Sandra?! 'The bird! The bird, man, at the PR firm.' Don't call her that. Christ! Hang on a minute. / Do you mean this?
Courbevoie, 11 August, 2016 - The Board of Directors of Eduniversal S.A. (the "Company") resolved to carry out a tap issue of the Company's 2%, mandatory convertible notes convertible into new ordinary shares having a par value of EUR 0.25 (the "Ordinary Shares") of the Company ("Mandatory Convertible Notes") by issuing additional Mandatory Convertible Notes for a total consideration of up to EUR 1,000,000 (the "Further Notes"). The Further Notes will be issued, with nominal value of EUR 100,000 per note, at an offer price to be determined by a bookbuilding process. Subscription rights of existing shareholders were excluded.
'Yes!' Well ... they're just one day apart, ain't they? Christ! First they consider, and then they fucking resolve. Why couldn't Sandra tell me about it when it was all over? 'Because she's a drama queen, boss.' / What else is there?
La Financiere d'Uzes will offer the Notes to institutional investors by means of a private placement outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended, (the "Securities Act") and in the United States only to persons reasonably believed to be qualified institutional buyers ("QIBS" - ?!) within the meaning of and in reliance on Rule 144A under the Securities Act in compliance with any applicable securities laws. The Board of Directors will specify the number of Notes to be placed by separate resolution. The offer price is expected to be determined today with settlement on or around 16 August 2016 with a nominal value of EUR 100,000 each, against cash contributions.
'Nice.' Yeah, I suppose. / What is this Eduniversal, anyway?
Headquartered in Courbevoie, Eduniversal is a global ranking and rating agency specialising in higher education. The company has established strong expertise in evaluating academic institutions and programs in France since 1994, and internationally since 2007. Eduniversal produces two annual global rankings: The Best 1000 Business Schools in 154 countries and The Best 4000 Masters and MBA programs in 30 fields of study in 154 countries. These rankings are designed to provide information to prospective graduate students that will help them in their search for their future studies in the following zones: Africa, Central Asia, Eastern Europe, Eurasia & Middle East, Far East Asia, Latin America, North America, Oceania, Western Europe. Eduniversal also offers comprehensive sourcing, communication and candidate relationship management solutions for headhunters and executive search firms.
Okay. Where do the bath taps come into it? That's what I want to know. 'There are no bath taps, boss. You were confused.' Ha! The story of my life.
...
Right. That's enough, surely. I've done my duty for another week. I've got some guitar playing to do. I did three hours yesterday. 'Is this a music update, Mikey?' No. But I've got a new tune, man, which might turn out to be something. I reject two or three musical ideas every day, so I don't know. Let's wait and see. / Laters.
