Brief: Frigoglass To Reduce Equity To Offset Accounting Losses Of Previous Years

Frigoglass SAIC

12/01/2024 12:05

Jan 12 (Reuters) - Frigoglass SAIC  FRIr.AT :
    * EGM OF DEC.14, 2023 DECIDED REVERSE SHARE SPLIT AND
REDUCTION OF
ITS EQUITY WITH A REDUCTION IN THE NOMINAL VALUE OF THE SHARE
    * FROM EQUITY REDUCTION EUR 15.9 MILLION TO BE USED TO SET
OFF
ACCOUNTING LOSSES OF PREVIOUS YEARS AND EUR 2.0 MILLION WILL BE
USED TO FORM SPECIAL RESERVE TO OFFSET FUTURE LOSSES

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