Eros International Plc Announces $50 Million Equity Investment Facility to Fund Strategic Digital Growth

DOUGLAS, Isle of Man--(BUSINESS WIRE)--Eros International Plc (NYSE: EROS) (the “Company”), a leading company in the global Indian film entertainment industry, today announced that it has entered into an equity investment facility in the form of a subscription agreement (the “Facility”) of up to US$50 million. Under the terms of the agreement, Eros may elect to sell up to $50,000,000 of its A ordinary shares over a 12-month commitment period. Eros is not obligated to sell any shares under the terms of the Facility, and any share sales would be entirely at the discretion of Eros.