Flexdeal Simfe S.A. announced a private placement of 15 convertible bonds for gross proceeds of EUR 1.5 million on November 16, 2023. The bonds will be remunerated at fixed nominal interest rate of 6% per annum. The bonds are convertible into shares and will mature on October 20, 2028.

The subscription period is one business day from the approval of issue of each new series of bonds. The transaction has been approved by the board of directors of the company.