Brief: MCH Group Approval Of Package Of Measures And Triggering Of First Tranche Of Capital Increases

MCH AG

27/11/2020 07:40

Nov 27 (Reuters) - MCH GROUP AG  MCHN.S :
    * APPROVAL OF PACKAGE OF MEASURES AND TRIGGERING OF FIRST
TRANCHE
OF CAPITAL INCREASES
    * IMPLEMENTATION OF TWO CAPITAL INCREASES FOR AN AMOUNT OF
UP TO
CHF 104.5 MILLION AS PER THE PROSPECTUS TO BE AVAILABLE ON 30
NOVEMBER 2020
    * SUBSCRIPTION PERIOD FROM 30 NOVEMBER TO 4 DECEMBER 2020
FOR
FIRST TRANCHE OF APPROVED CAPITAL INCREASES FOR AN AMOUNT OF CHF
30 MILLION
    * IN FIRST TRANCHE, SHARE CAPITAL WILL BE INCREASED BY A
NOMINAL
AMOUNT OF CHF 20 MILLION THROUGH ISSUE OF TWO MILLION NEW SHARES
WITH AN ISSUE PRICE OF CHF 15.00 EACH
    * CAPITAL INCREASES WILL BE IMPLEMENTED THIS YEAR
    * TERMS OF SECOND TRANCHE OF CAPITAL INCREASES WILL BE
ANNOUNCED
ON 7 DECEMBER 2020

Source text for Eikon:  ID:nNDL2JnkzB 
Further company coverage:  MCHN.S 

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