Brief: Class Editori Approves Capital Increase For Eur 3 Mln

Class Editori SpA

01/07/2019 07:40

July 1 (Reuters) - CLASS EDITORI  CLED.MI :
    * SAID ON FRIDAY ITS BOARD APPROVES OF CAPITAL INCREASE FOR
EUR 3
MLN, EXCLUDING OPTION RIGHTS
    * TO ISSUE UP TO 10.1 MLN NEW SERIES A SHARES WITH PRICE OF
EUR
0.3 EACH AND PREMIUM OF 3.0 MLN  
    * CAPITAL INCREASE WILL BE SETTLED VIA CONTRIBUTION OF
SHARES OF
CLASS SNBC OWNED BY MINORITY SHAREHOLDER AND EQUIVALENT TO 25%
OF ITS CAPITAL
    * SHARES WILL BE OFFERED FOR SUBSCRIPTION TO MINORITY
SHAREHOLDERS
AND CAPITAL INCREASE TO BE EXECUTED BY SEPT. 15 

 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA9ZkK5F
    
 Further company coverage:  CLED.MI  
   


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