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BRIEF-Cochlear Ltd Executs Agreement For A$13 Million Investment In Nyxoah S.A.

Published 13/02/2020, 10:08 am
© Reuters.  BRIEF-Cochlear Ltd Executs Agreement For A$13 Million Investment In Nyxoah S.A.
COH
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Feb 13 (Reuters) - Cochlear Ltd COH.AX :

* COCHLEAR LTD - EXECUTED AGREEMENT FOR A$13.0 MILLION INVESTMENT IN NYXOAH S.A.

* COCHLEAR LTD - EXECUTED AGREEMENT FOR EUR 8.0 MILLION INVESTMENT IN NYXOAH S.A.

* COCHLEAR LTD - FY20 EARNINGS GUIDANCE UNAFFECTED BY INVESTMENT

* COCHLEAR LTD - ORIGINAL EUR 13 MILLION INVESTMENT REVALUED AS AT DEC 31, 2019 TO EUR 35.5 MILLION, RESULTING IN AFTER-TAX GAIN OF A$25.0 MILLION IN H1 FY20

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