Brief: VITA 34 resolves on cash capital increase
10/07/2017 18:21
July 11 (Reuters) - VITA 34 AG V3VGn.DE :
* SAID ON MONDAY VITA 34 AG RESOLVES TO IMPLEMENT RIGHTS ISSUE AGAINST CASH CONTRIBUTIONS BY
USING ITS AUTHORIZED CAPITAL
* COMPANY'S SHARE CAPITAL IS TO BE INCREASED BY UP TO EUR 0.8 MLN FROM ITS CURRENT LEVEL OF
EUR 3.3 MLN TO UP TO EUR 4.1 MLN IN RETURN FOR CASH CONTRIBUTIONS BY ISSUING UP TO 0.8 MLN NEW
NO-PAR VALUE REGISTERED SHARES
* NEW SHARES WILL BE OFFERED TO EXISTING SHAREHOLDERS AT A RATIO OF 4:1 BY MEANS OF AN
INDIRECT SUBSCRIPTION RIGHT
* PERIOD DURING WHICH THE NEW SHARES CAN BE SUBSCRIBED STARTS JULY 14, 2017 AND ENDS ON JULY
27, 2017
* SUBSCRIPTION PRICE HAS BEEN SET AT EUR 6.10
* GROSS PROCEEDS OF UP TO EUR 5 MILLION FROM THIS RIGHTS ISSUE WILL BE USED TO PARTIALLY
FINANCE THE ACQUISITION OF THE SERACELL PHARMA AG, BERLIN ("SERACELL")
Source text for Eikon: ID:nEQ5qgVgfa
Further company coverage: V3VGn.DE
(Gdynia Newsroom)
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