Brief: Vita 34 ag wins MK Beleggingsmaatschappij Venlo B.V. as new strategic investor
14/06/2017 18:28
June 15 (Reuters) - VITA 34 AG V3VGn.DE :
* SAID ON WEDNESDAY ACQUIRES MK BELEGGINGSMAATSCHAPPIJ VENLO B.V. AS A NEW STRATEGIC
INVESTOR AND SECURES SUPPORT FOR FURTHER CORPORATE ACTION
* THROUGH MK BELEGGINGSMAATSCHAPPIJ VENLO B.V., MR. KÖHLER TAKES OVER NEWLY ISSUED SHARES OF
UP TO 10% OF THE SHARE CAPITAL
* ADDITIONAL BACKSTOP AGREED FOR JUST UNDER EUR 3 MILLION IN CONNECTION WITH THE UPCOMING
RIGHTS ISSUE
* MK BELEGGINGSMAATSCHAPPIJ VENLO B.V., THE NETHERLANDS (MKBV), WILL HOLD APPROX. 9.1% OF
THE SHARE CAPITAL OF VITA 34 AND HAS ALSO AGREED TO SUPPORT VITA 34 IN IMPLEMENTING ITS PLANNED
RIGHTS ISSUE
* TO ENSURE THE SUCCESS OF THIS RIGHTS ISSUE, MKBV HAS ASSUMED A BACKSTOP OBLIGATION
ACCORDING TO WHICH IT WILL TAKE OVER ANY UNSUBSCRIBED NEW SHARES UNDER THIS PLANNED RIGHTS ISSUE
UP TO A MAXIMUM AMOUNT OF JUST UNDER EUR 3 MILLION, PROVIDED THE ISSUE PRICE DOES NOT EXCEED EUR
6.50
Source text for Eikon: ID:nEQ9q7Tpxa
Further company coverage: V3VGn.DE
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