Brief: Makarony Polskie Plans Convertible Bond Issue, Share Issue

Makarony Polskie SA

11/05/2018 16:53

May 11 (Reuters) - MAKARONY POLSKIE SA  MAKP.WA :
    * MANAGEMENT PROPOSES TO VOTE AT CO AGM ON CONVERTIBLE BOND ISSUE AND
CONDITIONAL
SHARE CAPITAL INCREASE
    * PLANS TO ISSUE NO MORE THAN 2.0 MILLION OF CONVERTIBLE BONDS AT THE ISSUE
PRICE
NO LOWER THAN 3 ZLOTY AND TOTAL NOMINAL VALUE NO HIGHER THAN 12 MILLION ZLOTYS
    * BONDS WILL BE CONVERTIBLE INTO SERIES F SHARES 
    * PLANS CONDITIONAL SHARE CAPITAL INCREASE BY NO MORE THAN 6 MILLION ZLOTYS 
BY
THE ISSUE OF NO MORE THAN 2 MILLLION OF SERIES F SHARES OF NOMINAL VALUE OF 3
ZLOTY EACH WITHOUT PREEMPTIVE RIGHTS
    * MANAGEMENT ALSO ASKS TO BE AUTHORISED TO RAISE THE COMPANY'S CAPITAL BY NO
MORE
THAN 9.3 MILLION ZLOTYS THROUGH A NEW SHARE ISSUE BY JUNE 30, 2021
    * MANAGEMENT PROPOSALS HAVE BEEN APPROVED BY THE COMPANY'S SUPERVISORY BOARD

SOURCE TEXT FOR EIKON:  ID:nEM8dR0mRa   urn:newsml:reuters.com:*:nEM7bJ6SYa
FURTHER COMPANY COVERAGE:  MAKP.WA 

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