Brief: Dom Maklerski WDM starts reverse merger proceedings of WDM Capital

Nexity Global SA

05/01/2015 08:32

Jan 5 (Reuters) - Dom Maklerski WDM SA  WDM.WA : 
     
    * Said on Friday that it has commenced the reverse merger 
proceedings of its unit WDM Capital SA  WDCP.WA  
    * On Jan. 2 WDM Inwestycje Sp. z o.o. acquired 100,423 newly 
issued shares of Arkadia SA with issue price of 21,590,945 
zlotys  ($6.00 million) in exchange for 8,567,000 shares (65.9 
pct stake) of WDM Capital SA 
    * Arkadia SA is wholly-owned unit of WDM Inwestycje Sp. z 
o.o. 
    * On Jan.2 Arkadia's shareholders meeting decided to change 
Arkadia's name to  Everest Investments Holding SA 
    * WDM Inwestycje Sp. z o.o. will sell a 100 pct stake 
in Everest Investments Holding to a company controlled by Piotr 
Sieradzan 
    * Piotr Sieradzan after  transaction will gain indirect 
control of WDM Capital SA and both units, WDM Capital and  
Everest Investments Holding, will be divested from the company's 
capital group 
 
    
  
 Source text for Eikon:  ID:nEM0260466  
     
 Further company coverage:  WDM.WA ,  WDCP.WA  
    
 
($1 = 3.5990 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)) 
 
Keywords: WDM/BRIEF