Brief: Mostostal Zabrze Signs LOI On Purchase Of Stake in Polwax For 30.8 Mln Zlotys

Mostostal Zabrze SA

27/05/2024 06:31

May 27 (Reuters) - Mostostal Zabrze SA  MSZ.WA :
    * SAID ON FRIDAY IT HAS SIGNED A LETTER OF INTENT (LOI)
REGARDING
PURCHASE OF SHARES OF A NEW ISSUE IN POLWAX FOR 30.8 MLN ZLOTYS
    * UNDER THE LETTER POLWAX IS TO INCREASE ITS STAKE BY 30.8
MLN
SHARES WHICH WILL REPRESENT 49.92% IN ITS INCREASED SHARE
CAPITAL
    * SHARE ISSUE TO BE DIRECTED ONLY TO THE COMPANY IN A
PRIVATE
SUBSCRIPTION


        
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