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General

Elias invests EUR 40 mln in Spain's Ezentis

Monday 29 March 2021 | 13:49 CET | News
Spanish businessman Jose Elias, president of Audax Renovables and owner of Electrica Nuriel, has exercised his right to subscribe to convertible bonds in telecommunications infrastructure specialist Ezentis and could increase his stake in the company to a maximum of 28.6 percent. Elias invested an initial EUR 19.8 million for a 16.7 percent stake last January and has now increased his investment to EUR 40 million, said the company in a filing to Spain's financial markets regulator CNMV, adding that the bonds have a maximum conversion term of two years from their date of issue.

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Categories: General
Companies: Ezentis
Countries: Europe / Spain
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