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BRIEF-‍SeaFort Capital subscribes for 6.8 mln shares in capital of Distinct Infrastructure Group
November 22, 2017 / 5:20 PM / a month ago

BRIEF-‍SeaFort Capital subscribes for 6.8 mln shares in capital of Distinct Infrastructure Group

Nov 22 (Reuters) - SeaFort Capital Inc:

* Subscribed for 6.8 million shares in capital of Distinct Infrastructure in connection with private placement completed by Distinct on Nov 21​

* Post private placement, SeaFort owned 6.8 million shares, representing approximately 15.8% of outstanding shares of Distinct

* Subscription price for Distinct shares was $1.35/share, resulting in total investment by SeaFort of $9.2 million Source text for Eikon: Further company coverage:

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