Brief: Platynowe Inwestycje Shareholder Proposes Decreasing Co's Share Capital

Manydev Studio SE

29/05/2018 16:41

May 29 (Reuters) - PLATYNOWE INWESTYCJE SA  PIW.WA :
    * ITS SHAREHOLDER WANTS GENERAL MEETING TO VOTE ON
DECREASING CO'S
SHARE CAPITAL
    * SHARE CAPITAL TO BE DECREASED BY 0.7 MILLION ZLOTYS TO 1.3
MILLION ZLOTY BY REDEMPTION OF 6.5 MILLION CO SHARES AT NOMINAL
VALUE OF 0.10 ZLOTY EACH 
    * SHAREHOLDER, RACZAM SP. Z O.O. (RACZAM), SAYS THE AIM OF
CO'S
SHARE CAPITAL DECREASE IS CAPITAL DISTRIBUTION FOR SHAREHOLDERS
DUE TO SURPLUSES IN CO
    * RACZAM ALSO PROPOSES SHARE CAPITAL DECREASE OF 0.1 MILLION
ZLOTYS TO 1.2 MILLION ZLOTYS BY REDEEMING THE REDUCTION OF
NOMINAL VALUE OF ALL CO SHARES FROM 0.10 ZLOTY EACH TO 0.09
ZLOTY EACH
    * SHAREHOLDER SAYS CO'S SHARE CAPITAL DECREASE WOULD
COMPENSATE
CO'S LOSSES

Source text for Eikon:  ID:nEM21lyBva 
Further company coverage:  PIW.WA 

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