Brief: Biomass Energy Project Plans Capital Increase

Biomass Energy Project SA

04/05/2018 09:07

May 4 (Reuters) - BIOMASS ENERGY PROJECT SA  BEP.WA :
    * SAID ON WEDNESDAY THAT SHAREHOLDERS TO VOTE ON MAY 30 ON
SHARE
CAPITAL BY NO LESS THAT 0.50 ZLOTY AND NO MORE THAN 8,437,500
ZLOTYS
    * SHARE CAPITAL TO BE INCREASED UP TO 10,125,000 ZLOTYS BY
ISSUANCE OF NO LESS THAN 5 AND NO MORE THAN 84,375,000 SERIES G
SHARES OF NOMINAL VALUE OF 0.10 ZLOTY PER SHARE
    * SERIES G SHARES TO BE OFFERED TO CURRENT SHARE HOLDERS
WITH
PRE-EMPTIVE RIGHTS IN CLOSED SUBSCRIPTION 
    * SHAREHOLDERS HAVE A RIGHT TO BUY FIVE SERIES G SHARES FOR
EVERY
ONE PRE-EMPTIVE RIGHT THEY CURRENTLY OWN

    
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