Brief: ASMALLWORLD AG calls an extraordinary general assembly to elect Alexander Koenig as new Board member

Asmallworld AG

06/11/2018 19:08

Nov 6 (Reuters) - Asmallworld AG  ASWN.S :
    * EQS-ADHOC: ASMALLWORLD AG: ASMALLWORLD AG (SWX:ASWN) CALLS
AN
EXTRAORDINARY GENERAL ASSEMBLY TO ELECT ALEXANDER KOENIG AS NEW
BOARD MEMBER, AND TO INCREASE AUTHORIZED SHARE CAPITAL
    * BOARD PROPOSES AN INCREASE OF COMPANY'S AUTHORIZED
CAPITAL, FROM
ABOUT 1.3 MILLION SHARES TO 3.5 MILLION SHARES
    * ASMALLWORLD- WHILE CO HAD CHF 5 MILLION OF REVENUE AND A
PROFITABILITY OF CHF -2.4 MILLION IN 2017, IN 2019, COMPANY
EXPECTS TO CROSS CHF 10 MILLION REVENUE MARK
    * ASMALLWORLD- FIRST CLASS & MORE IS EXPECTED TO GENERATE
OVER CHF
2.5M IN FREE CASH-FLOW IN FULL-YEAR 2018, A NUMBER EXPECTED TO
RISE FURTHER IN 2019

Source text for Eikon:  ID:nEQ1RmWcXa 
Further company coverage:  ASWN.S 

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