Brief: Manz Resolves Cash Capital Increase In Context Of Cooperation Agreement With Daimler Truck
23/05/2022 10:34
May 23 (Reuters) - MANZ AG M5ZG.DE :
* RESOLVES CASH CAPITAL INCREASE WITHOUT SUBSCRIPTION RIGHTS
IN
THE AMOUNT OF APPROXIMATELY 10 % OF THE SHARE CAPITAL IN THE
CONTEXT OF A COOPERATION AGREEMENT WITH DAIMLER TRUCK AG
* AFTER APPROVAL, NEW SHARES WILL BE SUBSCRIBED BY DAIMLER
TRUCK
AG AT A PRICE OF EUR 39.53 PER SHARE
* COMPANY'S SHARE CAPITAL WILL THUS INCREASE FROM EUR
7,756,804 BY
EUR 774,408.00 TO EUR 8,531,212.00 AFTER CAPITAL INCREASE HAS
BEEN CARRIED OUT
* PROCEEDS OF CAPITAL INCREASE IN AMOUNT OF EUR 30.6 MILLION
WILL
BE USED TO FINANCE MANZ AG'S FURTHER GROWTH
* CAPITAL INCREASE TAKES PLACE IN CONTEXT OF A COOPERATION
AGREEMENT ON A STRATEGIC PARTNERSHIP, WHICH MANZ AG SIGNED TODAY
WITH DAIMLER TRUCK AG
Source text for Eikon: ID:nEQbjdWy3a
Further company coverage: M5ZG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))