Brief: Componenta Plans For Rights Issue And Reverse Share Split

Componenta Oyj

05/10/2020 09:13

Oct 5 (Reuters) - Componenta Corp  CTH1V.HE :
    * CHANGES IN COMPONENTA'S MAJOR SHAREHOLDERS - COMPANY PLANS
FOR
RIGHTS ISSUE AND REVERSE SHARE SPLIT
    * BASED ON AUTHORIZATION OF EGM, BOARD OF DIRECTORS WOULD
RESOLVE
ON PLANNED RIGHTS ISSUE IN WHICH COMPANY SHAREHOLDERS WOULD
RECEIVE FOR ONE SHARE A ONE SUBSCRIPTION RIGHT WITH WHICH THEY
CAN SUBSCRIBE FOR ONE NEW SHARE
    * SUBSCRIPTION PRICE IS PLANNED TO BE EUR 0.04 PER SHARE
    * WITH RIGHTS ISSUE, COMPANY INTENDS TO RECEIVE
APPROXIMATELY MEUR
9.5 GROSS PROCEEDS

Source text for Eikon:  ID:nWkr4r1zzc 
Further company coverage:  CTH1V.HE 

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