May 14 (Reuters) - Miquel y Costas & Miquel SA MCM.MC :
* TO PROPOSE SHARE CAPITAL REDUCTION UP TO MAXIMUM AMOUNT
CORRESPONDING TO 10% OF SAME ON DATE OF AGREEMENT
* SHARE CAPITAL REDUCTION TO AMOUNT TO UP TO 8 MILLION
EUROS,
CORRESPONDING TO 2.00 EURPER SHARE
* EXECUTION PERIOD SHALL BE 2 YEARS, AND SHALL EXPIRE FOR
PART NOT
EXECUTED AS FROM THAT DATE
* AFOREMENTIONED AMOUNT OF SHARE CAPITAL REDUCTION
CORRESPONDS TO
4 MILLION SHARES
* TO PROPOSE COMPLEMENTARY DIVIDEND DISTRIBUTION OF UP TO
4.9
MILLION EUROS GROSS, TO BE PAID ON JULY 18
Source text for Eikon: ID:nCNMbRPCvR
Further company coverage: MCM.MC
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