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8298 - Family Inc News Story

¥444 5.0  1.1%

Last Trade - 12:00am

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £17.6m
Enterprise Value £32.8m
Revenue £86.0m
Position in Universe 3568th / 3872

BRIEF-Wacker Neuson: Family Shareholders Announce Partial Placement Of Shares

Wed 3rd July, 2019 4:44pm
July 3 (Reuters) - Wacker Neuson SE  WACGn.DE :
    * DGAP-NEWS: WACKER NEUSON SE: FAMILY SHAREHOLDERS ANNOUNCE
PARTIAL PLACEMENT OF SHARES IN WACKER NEUSON SE
    * THIS CORRESPONDS TO APPROXIMATELY 5.4 PERCENT OF SHARE
CAPITAL
OF COMPANY
    * SHARES WILL BE PLACED WITH INSTITUTIONAL INVESTORS THROUGH
AN
ACCELERATED BOOKBUILDING, WHICH WILL START TODAY, JULY 3, 2019
    * SALE WOULD REDUCE PORTION OF SHARES HELD BY WACKER AND
NEUNTEUFEL FAMILY SHARE POOL FROM AROUND 63 PERCENT TO AROUND 58
PERCENT
    * FREE FLOAT WOULD ACCORDINGLY INCREASE TO AS MUCH AS 42
PERCENT
OF SHARE CAPITAL OF WACKER NEUSON SE

Source text for Eikon:  ID:nEQ5MNrlRa 
Further company coverage:  WACGn.DE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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