Brief: Media And Games Invest Announces Capital Increase Without Subscription Rights

Mgi Media and Games Invest Se

04/07/2019 16:54

July 4 (Reuters) - MEDIA AND GAMES INVEST PLC  M8G.DE :
    * RESOLVES CAPITAL INCREASE WITHOUT SUBSCRIPTION RIGHTS
    * IT IS INTENDED TO ISSUE UP TO 8,000,000 NEW SHARES WITH A
NOMINAL VALUE OF EUR 1.00 PER SHARE
    * NEW SHARES ARE ENTITLED TO DIVIDENDS FROM JANUARY 1, 2018
    * MAJOR SHAREHOLDER AND CEO INTENDS TO PARTICIPATE IN
CAPITAL
INCREASE AT SAME CONDITIONS
    * FINAL NUMBER OF NEW SHARES AND PLACEMENT PRICE WILL BE
DETERMINED AND ANNOUNCED NO LATER THAN 5 JULY 2019
    * NET PROCEEDS WILL BE USED TO FINANCE INCREASE OF STAKE IN
GAMIGO
AND FOR FURTHER ACQUISITIONS
    * TO INCREASE SHARE CAPITAL THROUGH A CASH CONTRIBUTION
EXCLUDING
SHAREHOLDERS' PRE-EMPTIVE RIGHTS

Source text for Eikon:  ID:nEQ1bLx5ra 
Further company coverage:  M8G.DE 

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