Brief: Duro Felguera Approves Capital Reduction And Increase Under Restructuring Plan
BRIEF-Duro Felguera Approves Capital Reduction And Increase Under Restructuring Plan June 23 (Reuters) - Duro Felguera SA MDF.MC:
SAID ON MONDAY, BOARD APPROVED EXECUTION OF CAPITAL REDUCTION AND INCREASE UNDER RESTRUCTURING PLAN
REDUCED CAPITAL TO 5.38 MILLION EUROS, CUT SHARE NOMINAL VALUE TO 0.025 EUROS PER SHARE
REDUCED CAPITAL FROM 5.38 MILLION EUROS TO 2.44 MILLION EUROS BY CANCELLING 117.6 MILLION SHARES
APPROVED 10.04 MILLION EURO CAPITAL INCREASE, ISSUING 401.5 MILLION SHARES AT NOMINAL VALUE OF 0.025 EUROS PER SHARE
AFTER INCREASE, SHARE CAPITAL RISES TO 12.48 MILLION EUROS DIVIDED INTO 499.1 MILLION SHARES
Source text, nFWN3WQ10A
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