Brief: LPKF German Technology Says Bantleon-Group Plans To Sell Stake Of About 28.6% In LPKF
27/05/2020 17:24
May 27 (Reuters) - LPKF LASER & ELECTRONICS AG LPKG.DE :
* BANTLEON-GROUP ANNOUNCES ITS INTENTION TO SELL ITS SHARES
IN
LPKF IN A CAPITAL MARKETS PLACEMENT
* GERMAN TECHNOLOGY AG, HANOVER, AND JOERG BANTLEON, OWNER
OF
BANTLEON-GROUP, INFORMED LPKF TODAY THAT THEY PLAN TO SELL UP TO
A TOTAL OF 7,006,488 SHARES OF LPKF BY WAY OF A CAPITAL MARKETS
PLACEMENT
* THIS IS EQUAL TO A STAKE OF APPROX. 28.6% OF COMPANY'S
ISSUED
SHARE CAPITAL
* SHARES SHALL BE PLACED WITH INSTITUTIONAL INVESTORS IN A
PRIVATE
PLACEMENT BY WAY OF AN ACCELERATED BOOKBUILDING WHICH SHALL BE
LAUNCHED IMMEDIATELY FOLLOWING THIS ANNOUNCEMENT
Source text for Eikon: ID:nEQ1F4dFwa
Further company coverage: LPKG.DE
(Gdansk Newsroom)
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