Brief: Garo Board Proposes Share Split

Garo AB

29/03/2021 06:35

March 29 (Reuters) - Garo AB  GARO.ST :
    * BOARD PROPOSES INCREASING NUMBER OF SHARES IN CO BY
SPLITTING
EACH SHARE INTO FIVE SHARES OF SAME CLASS (SHARE SPLIT 5:1)
    * PROPOSED SHARE SPLIT WILL RESULT IN THAT QUOTA VALUE OF
SHARE
CHANGES FROM SEK 2.00 TO SEK 0.40.
    * SHARE SPLIT WILL RESULT IN NUMBER OF SHARES INCREASING
FROM 10
MILLION TO 50 MILLION

Source text for Eikon:  ID:nWkr5jPpBw 
Further company coverage:  GARO.ST 

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