Brief: Merlin EGM To Vote On Share Capital Increase

Merlin SA

26/11/2019 10:00

Nov 26 (Reuters) - Merlin Group SA  MRGP.WA :
    * SAID ON MONDAY THAT EGM WILL VOTE ON DEC 23 ON DECREASING
SHARE
CAPITAL TO 7.0 MLN ZLOTYS FROM 17.6 MLN ZLOTYS BY LOWERING
NOMINAL VALUE OF EXISTING SHARES IN ORDER TO COVER NET LOSS FROM
FY 2018 AND PREVIOUS YEARS 
    * EGM WILL ALSO VOTE ON INCREASING SHARE CAPITAL BY UP TO
9.6 MLN
ZLOTYS VIA ISSUE OF NO MORE THAN 240 MILLION Ł SERIES SHARES AT
0.20 ZLOTYS PER SHARE IN PRIVATE PLACEMENT

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM8dqSNza
    
 Further company coverage:  MRGP.WA  
   


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