Brief: Frigoglass SA Announces The Reduction Of Its Share Capital

Frigoglass SAIC

18/10/2019 06:18

Oct 18 (Reuters) - Frigoglass SA  FRIr.AT :
    * ANNOUNCED ON THURSDAY THE REDUCTION OF ITS SHARE CAPITAL
THROUGH
THE REDUCTION OF THE SHARES’ NOMINAL VALUE FOR THE PURPOSES OF
OFFSETTING ACCUMULATED LOSSES
    * REDUCTION OF THE NOMINAL VALUE OF EACH COMMON REGISTERED
SHARE
FROM EUR 0.36 TO EUR 0.10 AIMING AT THE FORMATION OF A SPECIAL
RESERVE OF EQUAL AMOUNT TO OFFSET ACCUMULATED LOSSES
    * FOLLOWING THE REDUCTION, THE COMPANY’S SHARE CAPITAL
AMOUNTS TO
EUR 35.5 MLN
    * SHARES TO START TRADING IN THE ATHENS STOCK EXCHANGE WITH
THE
NEW NOMINAL VALUE OF EUR 0.10 PER SHARE ON OCT. 22, 2019

    
 Source text : https://bit.ly/2OWz05z
    
 Further company coverage:  FRIr.AT 
   


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