Brief: Ambromobiliare sets up details for capital increase

Ambromobiliare S.p.a

12/05/2016 06:23

May 12(Reuters) - Ambromobiliare SpA  AMB.MI : 
    * Said on Wednesday that its board of directors approved 
terms of the capital increase 
    * The company will issue a maximum of 1,182,985 new shares 
at price of 3.00 euros per share, for total value of up to 3.5 
million euros ($4.00 million) 
    * The shares can be offered to existing shareholders at a 
ratio of one new share for every two shares held 
 
     
  
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA1130f 
     
 Further company coverage:  AMB.MI   
    
 
 
 
($1 = 0.8754 euros) 
 
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