Brief: Novabase To Reduce Its Capital In 21.67 Mln Euros To Cover Losses And Release Excess Capital

Novabase SGPS SA

24/05/2022 18:01

May 24 (Reuters) - Novabase SGPS SA  NBA.LS :
    * APPROVES CAPITAL REDUCTION FROM 54.64 MILLION EUROS TO
32.97
MILLION EUROS
    * OVERALL AMOUNT OF CAPITAL REDUCTION IS 21.67 MILLION EUROS
    * AMOUNT OF 4.81 MILLION EUROS WILL BE ALLOCATED TO COVER
LOSSES
    * REMAINING AMOUNT OF THE REDUCTION, CORRESPONDING TO 16.85
MILLION EUROS, WILL BE DESTINED TO RELEASE EXCESS CAPITAL

Source text for Eikon: https://bit.ly/3MKzg2N
Further company coverage:  NBA.LS 

 (Gdansk Newsroom)
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