Brief: H&R will propose to increase share capital, issue bonus shares

H&R GmbH & Co KgaA

04/04/2017 15:50

April 4 (Reuters) - H&R GmbH & Co KGaA  2HR.DE  
    * Management will propose to the annual shareholders' 
meeting that company funds be used to increase the share capital 
and that bonus shares be issued at a subscription ratio of 50:1 
    * Will propose to annual shareholders' meeting on May 18, 
2017 that number of company shares first be reduced through 
redemption of four treasury shares to 35,820,150 no-par shares 
in order to ensure an even issue ratio 
    * In step 2, management will propose to AGM on May 18, 2017 
that company's share capital be raised, via a capital increase 
from company funds, by 1,831,455.19 euros from 91,572,759.40 
euros to 93,404,214.59 euros 
 
Source text for Eikon:  ID:nEQ6bjVkF  
Further company coverage:  2HR.DE  
 
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