March 25 (Reuters) - Cochlear Ltd COH.AX :
* EXPECTS A SIGNIFICANT NEGATIVE IMPACT FROM COVID-19 FOR AN UNCERTAIN PERIOD OF TIME
* ANNOUNCES NON-UNDERWRITTEN SHARE PURCHASE PLAN TO RAISE UP TO A$50 MILLION
* ANNOUNCES FULLY UNDERWRITTEN A$800 MILLION INSTITUTIONAL PLACEMENT
* PLACEMENT TO BE CONDUCTED AT A$140.00 PER NEW SHARE; TO RESULT IN ABOUT 5.7 MILLION NEW SHARES BEING ISSUED
* COCHLEAR SAYS OFFER INCLUDES SUSPENSION OF DIVIDEND UNTIL TRADING CONDITIONS IMPROVE AFTER PAYMENT OF 1H20 DIVIDEND ON APRIL 17