Brief: Amalphi To Increase Capital To Acquire All Shares Of Medondo

Medondo Holding AG

26/05/2020 07:48

May 26 (Reuters) - AMALPHI AG  AMLP.F :
    * SAID ON MONDAY IT WILL INCREASE CAPITAL TO ACQUIRE ALL
SHARES OF
MEDONDO AG
    * TO PROPOSE TO VIRTUAL AGM ON JUNE 19, 2020 TO APPROVE A
MIXED
CASH/ NON-CASH CAPITAL INCREASE IN ORDER TO SECURE THE FINANCING
    * CAPITAL INCREASE IS TO BE IMPLEMENTED IN SUMMER 2020
    * TO BE FINANCED BY A CAPITAL INCREASE OF UP TO 6,078,905
NEW
SHARES
    * UP TO 1,698,913 NEW SHARES ARE TO BE ISSUED AS PART OF THE
CASH
CAPITAL INCREASE
    * UP TO 4,379,992 NEW SHARES ARE TO BE ISSUED AS PART OF THE
NON-CASH CAPITAL INCREASE
    * SHAREHOLDERS ARE GRANTED THE STATUTORY SUBSCRIPTION RIGHT
AT A
RATIO OF 5:7
    * PLANNED PRICE PER SHARE EUR 2.50
    * IF MEDONDO ACHIEVES FIXED SALES TARGETS BY 31.12.2023, UP
TO
9,715,664 ADDITIONAL NEW SHARES AT EUR 2.50 PER SHARE WILL BE
ISSUED IN 2024, DEPENDING ON THE DEGREE OF TARGET ACHIEVEMENT

    
 Source text for Eikon:  ID:nPexNJg0ca 
 Further company coverage:  AMLP.F  
   


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