Brief: Service Point's board approves capital increase

Innovative Solutions Ecosystem SA

25/02/2016 15:40

Feb 25 (Reuters) - Service Point Solutions SA  SPSL.MC : 
    * Says the board approves capital increase by offsetting 
credit owed to Paragon Financial Investments Ltd in amount of 
13.3 million euros ($14.7 million) via issuance of 187.0 mln 
shares, issue price of 0.071 euro per share 
    * The board also approves capital increase by offsetting 
credit in total amount of 2.0 million euros, via issuance of 
621.4 million shares 
    * The board approves capital increase by offsetting credit 
in total amount of 139,305 euros via issuance of 43.3 million 
shares 
 
Source text for Eikon:  ID:nCNM7RR7Zs  
     
Further company coverage:  SPSL.MC  
 
($1 = 0.9069 euros) 
 
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