Aug 14 (Reuters) - China Evergrande New Energy Vehicle Group Ltd:
* ON 14 AUGUST CO ENTERED INTO SHARE SUBSCRIPTION AGREEMENT
* UNDER AGREEMENT, TOTAL CONSIDERATION OF US$500 MILLION
* SUBSCRIBER HAS CONDITIONALLY AGREED TO SUBSCRIBE FOR SUBSCRIPTION SHARES 6.18 BILLION NEW SHARES
* DEAL FOR A TOTAL CONSIDERATION OF HK$3.89 BILLION
* NWTN (ZHEJIANG) AUTOMOBILE & EVERGRANDE NEW ENERGY VEHICLE (TIANJIN) ENTERED TRANSITIONAL FUNDING SUPPORT DEAL
* NWTN (ZHEJIANG) AUTOMOBILE TO PROVIDE INTEREST-FREE SECURED TRANSITIONAL FUNDING IN AMOUNT OF RMB600 MILLION
* TRANSITIONAL FUNDING FOR RESEARCH & DEVELOPMENT, MANUFACTURING OF & SALES SERVICES IN RESPECT OF VEHICLES OF GRP Further company coverage: