Brief: The Lgl Group Announces Update To Announced Spin-Off

LGL

11/08/2022 22:34

Aug 11 (Reuters) - LGL Group Inc  LGL.A :
    * THE LGL GROUP ANNOUNCES UPDATE TO ANNOUNCED SPIN-OFF
    * LGL GROUP INC - LGL'S BOARD OF DIRECTORS HAS DECIDED TO
RESCHEDULE PREVIOUSLY ANNOUNCED SPIN-OFF OF M-TRON INDUSTRIES,
INC
    * LGL GROUP INC - BOARD HAS ESTABLISHED SEPTEMBER 30, 2022
AS NEW
RECORD DATE AND OCTOBER 7, 2022 AS ANTICIPATED DISTRIBUTION DATE
    * LGL GROUP INC - AFTER SEPARATION, MTRONPTI COMMON STOCK IS
EXPECTED TO TRADE UNDER STOCK TICKER SYMBOL "MPTI"

Source text for Eikon:  ID:nBw2jQkrfa 
Further company coverage:  LGL.A 

 ((Reuters.Briefs@thomsonreuters.com;))