Brief: Inapa Says Nova Expressao Withdraws Judicial Proceedings On Conversion Of Shares

Inapa Investimentos Participacoes e Gestao SA

19/09/2019 06:57

Sept 19 (Reuters) - Inapa Investimentos Participacoes e
Gestao SA  INA.LS :
    * SAID ON WEDNESDAY NOVA EXPRESSAO SGPS SA WITHDREW JUDICIAL
PROCEEDINGS IN WHICH IT SOUGHT ANNULMENT OF RESOLUTIONS OF
CONVERSION OF PREFERENTIAL SHARES WITHOUT VOTING RIGHTS, ISSUED
BY COMPANY, INTO ORDINARY SHARES
    * SAYS UPON SENTENCE BECOMING FINAL AND UNAPPEALABLE,
EURONEXT
WILL BE REQUESTED TO COMBINE, IN SOLELY ONE CATEGORY, THE 150
MILLION ORIGINAL ORDINARY SHARES AND THE 376.2 MILLION SHARES
ARISING OUT OF CONVERSION INTO ORDINARY SHARES OF PREFERENTIAL
SHARES WITH NO VOTING RIGHTS

    
 Source text: https://bit.ly/2kmPPd2
    
 Further company coverage:  INA.LS  
   


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