Brief: Altech Advanced Materials Will Not Implement Cash Capital Increase

Altech Advanced Materials AG

17/01/2020 11:55

Jan 17 (Reuters) - ALTECH ADVANCED MATERIALS AG  AMA1.F :
    * WILL NOT IMPLEMENT THE CASH CAPITAL INCREASE WITH
SHAREHOLDER
SUBSCRIPTION RIGHTS AS RESOLVED BY THE ANNUAL GENERAL MEETING ON
JULY 17, 2019
    * SUBSCRIBERS TO THE CAPITAL INCREASE WILL BE REIMBURSED FOR
ANY
CONTRIBUTIONS MADE
    * BACKGROUND TO THIS IS THAT THE CAPITAL INCREASE WAS NOT
REGISTERED BY THE COMPETENT REGISTRATION COURT WITHIN THE PERIOD
SET BY THE GENERAL MEETING
    * COMPANY WILL NOW RE-EXAMINE ITS FINANCING STRATEGY

Source text for Eikon:  ID:nNDL7bZJJc 
Further company coverage:  AMA1.F 

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