Brief: Defama Considers Capital Increase

Defama Deutsche Fachmarkt AG

18/06/2019 07:56

June 18 (Reuters) - Defama Deutsche Fachmarkt AG  DEF.DE :
    * SAID ON MONDAY SUPERVISORY BOARD DECIDED TO COMMISSION THE
EXECUTIVE BOARD TO EXAMINE A CAPITAL INCREASE.
    * BACKGROUND OF THE CONSIDERATION IS THE USE OF
OPPORTUNITIES TO
BUY ADDITIONAL REAL ESTATE AS WELL AS INVESTMENTS TO INCREASE
THE YIELD IN SEVERAL EXISTING PROPERTIES
    * A CAPITAL INCREASE WITH SUBSCRIPTION RIGHTS - PRESUMABLY
IN A
RATIO OF 8: 1 - AT AN OFFER PRICE OF THE NEW SHARES CLOSE TO THE
MARKET PRICE IS ENVISAGED
    * THIS WOULD RESULT IN GROSS PROCEEDS OF BETWEEN EUR 7 AND 8
MILLION

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ5ZZRKha
    
 Further company coverage:  DEF.DE  
   


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