Brief: Elbstein To Carry Out Capital Increase

Elbstein AG

20/04/2020 12:14

April 20 (Reuters) - ELBSTEIN AG  EBSG.H :
    * DECIDES TO CARRY OUT CAPITAL INCREASE
    * NEW SHARES WITH DIVIDEND RIGHTS FROM JANUARY 1, 2020 WILL
BE
OFFERED TO EXISTING SHAREHOLDERS AS PART OF AN INDIRECT
SUBSCRIPTION OFFER AT A PRICE OF EUR 14.50
    * PROCEEDS OF THE CAPITAL INCREASE WILL SERVE TO STRENGTHEN
THE
COMPANY'S EQUITY BASE
    * INCREASE IN SHARE CAPITAL BY ISSUING UP TO 1,000,000
NO-PAR
VALUE BEARER SHARES FROM EUR 2,000,000 TO UP TO EUR 3,000,000
WHILE GRANTING SHAREHOLDERS' SUBSCRIPTION RIGHTS

Source text for Eikon:  ID:nEQ7mhKyTa 
Further company coverage:  EBSG.H 

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