O2i Société Anonyme (ENXTPA:ALODI) announced a private placement of 227,272 common shares at €2.20 per share for gross proceeds of €499,998.4 on December 19, 2014. The transaction will involve participation from two new individual investors. The shares being issued carry a par value of €0.50 per share.

The registered capital of the company will increase by €113,636 upon completion of the transaction. On the same date, the transaction was approved by the board of directors of the company.