Brief: Service Point to propose capital increase and reverse split
28/05/2015 13:21
May 28 (Reuters) - Service Point Solutions SA SPSL.MC :
* Says to propose first capital increase of 57.4 million
euros ($62.5 million) via issuance of 808.4 million new shares
at issue price of 0.071 euro per share
* To propose second capital increase of 5.3 million euros,
issuing 73.9 million new shares, without preferred subscription
right at issue price of 0.071 euro per share
* To propose reverse split and share cancellation for
exchange for new shares, split ratio to be determined by the
board
Source text for Eikon: ID:nCNM8dSl8h
Further company coverage: SPSL.MC
($1 = 0.9179 euros)
(Gdynia Newsroom)
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