Brief: Deoleo Share Capital Increase To Be Launched On May 26

Deoleo SA

21/05/2020 16:04

May 21 (Reuters) - Deoleo SA  OLEO.MC :
    * CAPITAL INCREASE TO TAKE PLACE ON MAY 26  urn:newsml:reuters.com:*:nFWN2D30NU,
PROVIDES
THIRD ROUND SO HOLDERS OF PREFERENCE SHARES CAN PARTICIPATE IF
NOT FULLY SUBSCRIBED
    * SHAREHOLDERS WITH PREFERENTIAL SUBSCRIPTION RIGHTS AND
THIRD-PARTY INVESTORS WHO ACQUIRE SUCH RIGHTS IN THE MARKET CAN
EXERCISED THEM UNTIL JUNE 9
    * NEW SHARES WILL HAVE ISSUE PRICE OF 0.10 EUROS, WILL
MAINTAIN
NOMINAL VALUE OF CURRENT SHARES AND ARE EXPECTED TO START
TRADING ON 25 JUNE
    * EACH OF CURRENT OUTSTANDING SHARES WILL GRANT PREFERRED
SUBSCRIPTION RIGHT AND 59 RIGHTS WILL BE REQUIRED TO SUBSCRIBE
21 NEW SHARES

Source text for Eikon:  ID:nCNM3ZvnWD 
Further company coverage:  OLEO.MC 

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