Brief: Mutares SE & Co. KGaA To Implement Capital Increase With Subscription Rights Against Cash Contribution With Pre-Placement To Institutional Investors
April 1 (Reuters) - MUTARES SE & CO KGAA MUXG.DE: RESOLVES TO IMPLEMENT A CAPITAL INCREASE WITH SUBSCRIPTION RIGHTS AGAINST CASH CONTRIBUTION WITH PRE-PLACEMENT TO INSTITUTIONAL INVESTORS TO ISSUE UP TO 4,269,651 NEW SHARES FOR UP TO EUR 105 MILLION GROSS PROCEEDS PROCEEDS TO BE USED FOR U.S. AND EUROPEAN EXPANSION AND BALANCE SHEET STRENGTHENING SUBSCRIPTION RATIO SET AT 5:1 COMPANY AGREES TO INITIAL THREE-MONTH LOCK-UP PERIOD Source text: ID:nEQbpC9Pra Further company coverage: MUXG.DE (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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