Brief: Gesco AG plans cash capital increase up to 10 pct of share capital

Gesco SE

20/03/2017 16:38

March 20 (Reuters) - Gesco AG  GSC1n.DE : 
    * Gesco AG plans cash capital increase 
    * Proceeds from capital increase will be used to further 
strengthen Gesco's equity following acquisition of Pickhardt & 
Gerlach 
    * Plans to conduct a cash capital increase out of authorised 
capital of up to 10 percent of share capital 
    * To place up to 864,499 new shares with institutional 
investors by means of accelerated bookbuilding 
 
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