Brief: Arena.pl To Raise Share Capital By Issue Of H And I Series Shares

Hipower Energy SA

01/04/2019 09:45

April 1 (Reuters) - Arena.pl SA  AREP.WA :
    * SAID ON SUNDAY EGM HAS RESOLVED TO RAISE SHARE CAPITAL BY
2.5
MILLION ZLOTYS BY ISSUE OF 5.0 MILLION H SERIES SHARES AT 1.20
ZLOTYS PER SHARE 
    * SHARES TO BE ISSUED UNDER PRIVATE SUBSCRIPTION, WITH NO
PRE-EMPTIVE RIGHTS
    * PROCEEDS FROM ISSUE SHALL BE ALLOCATED TO COMPANY'S
OPERATIONAL
ACTIVITY AND DEVELOPMENT OF ARENA.PL TRADING PLATFORM 
    * EGM HAS ALSO RESOLVED TO RAISE SHARE CAPITAL BY NO LESS
THAN 0.1
MLN ZLOTYS BY ISSUE OF NO LESS THAN 0.2 MLN I SERIES SHARES
UNDER PUBLIC SUBSCRIPTION, WITH NO PRE-EMPTIVE RIGHTS
 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEB1ddpMV
    
 Further company coverage:  AREP.WA  
   


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