Settlement Between MCH Group And Shareholders Advised By AMG

MCH AG

27/10/2020 06:06

Oct 27 (Reuters) - MCH Group AG  MCHN.S :
    * SETTLEMENT BETWEEN MCH GROUP AND SHAREHOLDERS ADVISED BY
AMG
    * MCH GROUP LTD. AND ERHARD LEE, AMG VERMÖGENSVERWALTUNG AND
LLB
SWISS INVESTMENT AG HAVE SETTLED OUTSTANDING OPEN POINTS AND
HAVE OUTLINED A PATH FOR RECAPITALISATION OF MCH GROUP
    * REVISED STRUCTURE OF CAPITAL INCREASE WILL BE PROPOSED TO
SHAREHOLDERS, WHICH WILL BE RESOLVED IN AN EXTRAORDINARY GENERAL
MEETING
    * HAS AGREED NOT TO IMPLEMENT RESOLUTIONS OF EXTRAORDINARY
GENERAL
MEETING OF 3 AUGUST 2020
    * IN RETURN, ERHARD LEE AND LLB SWISS INVESTMENT AG WILL
WITHDRAW
ALL PENDING LAWSUITS BEFORE CIVIL COURTS AND SUPERVISORY
AUTHORITIES AND WILL NOT INSTITUTE ANY FURTHER PROCEEDINGS IN
THIS CONNECTION

Source text for Eikon:  ID:nNDL8K5mhN 
Further company coverage:  MCHN.S 

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