Brief: Varengold Bank to issue up to 1,250,000 new shares

Ascory Bank AG

09/05/2017 16:11

May 9 (Reuters) - VARENGOLD BANK AG  VG8G.DE : 
    * DECIDES ON DETAILS FOR AN INCREASE IN CAPITAL FROM 
AUTHORISED CAPITAL WITH INDIRECT SUBSCRIPTION RIGHTS OF UP TO 
1,250,000 NEW SHARES 
    * UP TO 1,250,000 NEW SHARES ARE MEANT TO BE OFFERED AND 
THUS, SHARE CAPITAL OF COMPANY WILL BE INCREASED TO EUR 
4,172,552.00 
    * SUBSCRIPTION PERIOD IS TWO WEEKS FROM 15 MAY 2017 UNTIL 29 
MAY 2017 
    * SUBSCRIPTION PRICE HAS BEEN FIXED AT EUR 3.99 PER SHARE 
    * CAPITAL WILL BE INCREASED ONLY IF AT LEAST 300,000 SHARES 
HAVE BEEN SUBSCRIBED 
 
Source text for Eikon:  ID:nEQ5dTQwq  
Further company coverage:  VG8G.DE  
 
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