Brief: Pacifico Renewables Yield AG And Clearvise Enter Into Memorandum Of Understanding

clearvise AG

13/07/2022 22:05

July 13 (Reuters) - Pacifico Renewables Yield AG  PRYG.DE :
    * DGAP-ADHOC: PACIFICO RENEWABLES YIELD AG AND CLEARVISE
ENTER
INTO MEMORANDUM OF UNDERSTANDING; PACIFICO ACQUIRES 21.9%-STAKE
IN CLEARVISE THROUGH CONTRIBUTION IN KIND
    * PACIFICO RENEWABLES YIELD AG  - SHARE CAPITAL OF COMPANY
WILL BE
INCREASED FROM EUR 3,721,042.00 BY UP TO 1,430,000.00 EUR TO UP
TO 5,151,042.00 EUR
    * PACIFICO RENEWABLES YIELD  - SHARE CAPITAL WILL BE
INCREASED BY
ISSUING UPTO 1.4 MILLION NEW NO-PAR VALUE BEARER SHARES AGAINST
CONTRIBUTION OF CLEARVISE SHARES
    * PACIFICO RENEWABLES - CO IS INTENDED TO BE LARGEST
SHAREHOLDER
IN CLEARVISE, HOLDING APPROXIMATELY 40% IN LONG TERM

Source text for Eikon:  ID:nEQ4XNCJWa 
Further company coverage:  PRYG.DE 

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