MILAN (AIMnews.it) - Bracknor Investment asked Visibilia Editore to convert four further bonds of the second tranche of the convertible bond loan (50 hp for a total countervalue of € 500.000). The conversion price will be € 0.09 per share, therefore Bracknor will be entitled to 444,444 new Visibilia ordinary shares, equal to 1.32% of the capital after the increase. 42 cv will therefore still have to be converted. The agreement of Visibilia with the Dubai company provides that the loan will have a maximum amount of 3 million euros, divided into six tranches of 50 bonds with a nominal value of 10.000 euros each, non-interest bearing and with a duration of 12 months from issuing date. The subscription price of each tranche is set at 95% of the nominal value of the bonds issued.