Rougier S.A. (ENXTPA:ALRGR) announced a private placement of 46,062 units at €33.56 per unit with new investor, Oronte for gross proceeds of €1,545,840.72 on September 9, 2015. Each unit will consist of one common shares and one warrant. The investor will acquire 4.22% stake in the company through this transaction before the exercise of warrants.

Each warrant will entitle the holder to purchase one common shares of the company from March 2, 2020 to March 1, 2021 at an exercise price of €30.43 per share. The transaction is subject to approval from the shareholders of the company at its extraordinary general meeting. The units will be issued without preferential subscription rights.