Brief: Grupa Azoty Says GA Polyolefins EGM Resolves To Issue G Series Shares

Grupa Azoty Zaklady Chemiczne Police SA

16/11/2020 17:38

Nov 16 (Reuters) - Grupa Azoty SA  ATTP.WA :
    * EGM OF UNIT GRUPA AZOTY POLYOLEFINS RESOLVES TO INCREASE
SHARE
CAPITAL BY 323.7 MILLION ZLOTYS VIA ISSUE OF 32.4 MILLION NEW G
SERIES SHARES
    * NOMINAL VALUE AT 10 ZLOTYS PER SHARE
    * PURCHASE OF SHARES TO TAKE PLACE IN PRIVATE SUBSCRIPTION
BY
HYUNDAI ENGINEERING, KOREA OVERSEAS INFRASTRUCTURE & URBAN
DEVELOPMENT CORP AND GRUPA LOTOS
    * TOTAL CASH CONTRIBUTIONS, WHICH WILL BE MADE TO COVER G
SERIES
SHARES AT 594.7 MILLION ZLOTYS
    * 271.0 MILLION ZLOTYS OF SURPLUS OF G SERIES SHARES ISSUE
PRICE
OVER THEIR NOMINAL VALUE WILL BE ALLOCATED TO GA POLYOLEFINS
SUPPLEMENTARY CAPITAL
    * SAYS GRUPA LOTOS TO BUY 16.0 MILLION SHARES, HYUNDAI
ENGINEERING
TO BUY 15.3 MILLION SHARES AND KOREA OVERSEAS INFRASTRUCTURE &
URBAN DEVELOPMENT CORP TO BUY 1.1 MILLION SHARES

Source text for Eikon:  ID:nEM4h2WSFa 
Further company coverage:  ATTP.WA 

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