May 3 (Reuters) - Pacific Environment Ltd PEH.AX :
* Institutional placement PEH.AX
* Received commitments for a placement of new fully paid ordinary shares to raise A$2.15 million
* Intends to issue 23.9 million fully paid ordinary shares at A$0.09 per fully paid ordinary share when the placement is settled next week
* Source text for Eikon ID:nASX67dFjR