Brief: Highlight Communications raises capital by issuing 15.75 mln shares

Highlight Communications AG

12/06/2017 06:18

June 12 (Reuters) - HIGHLIGHT COMMUNICATIONS AG  HLGZ.DE : 
    * INCREASES CAPITAL BY ISSUING 15.75 MILLION SHARES 
    * SUBSCRIPTION PRICE SET AT EUR 5.50 PER SHARE, COMPANY TO RAISE EUR 81.9 MILLION 
    * SHARES FULLY PLACED WITH HIGHLIGHT EVENT AND ENTERTAINMENT AG, WHO OBTAINS 25.0 PERCENT 
SHARE IN HIGHLIGHT COMMUNICATIONS 
    * TRANSACTION INTENDED TO PREPARE POSSIBLE TAKEOVER OFFER TO CONSTANTIN MEDIEN SHAREHOLDERS, 
WHICH AFTER CAPITAL INCREASE STILL HOLDS C. 45.4% IN HIGHLIGHT COMMUNICATIONS 
 
Source text for Eikon:  ID:nEQ1WXqv3a  
Further company coverage:  HLGZ.DE  
 
 (Gdynia Newsroom) 
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