BRIEF-Electro Optic Systems Announces A$35 Million Fully Underwritten Institutional Placement

Reuters03-22

March 22 (Reuters) - Electro Optic Systems Holdings Ltd

* ANNOUNCES A$35 MILLION FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT AND UP TO A$5 MILLION SHARE PURCHASE PLAN

* PLACEMENT AT ISSUE PRICE OF A$1.70 PER NEW SHARE

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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