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BIF Broendbyernes IF Fodbold A/S News Story

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Brief: Broendbyernes IF Fodbold to increase share capital

Oct 24 (Reuters) - Broendbyernes IF Fodbold A/S  BIF.CO : 
    * Will increase share capital with issue of up to 255.1 million new shares of nominal value 
0.50 Danish crowns  
    * Price of new shares is to be 0.55 crowns per share 
    * New share issue gives gross proceeds of up to 140.3 million Danish crowns ($20.52 million) 
    * Expects minimum proceeds of 100.0 million crowns due to subscription guarantees 
 
Source text for Eikon:  ID:nCSE6wZ1  
Further company coverage:  BIF.CO  
 
($1 = 6.8380 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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