Brief: Odas Elektrik to increase capital to 50.5 mln lira

Odas Elektrik Uretim Sanayi Ticaret

12/02/2015 16:18

Feb 12 (Reuters) - Odas Elektrik  ODAS.IS : 
    * To increase capital to 50.5 million lira ($20.47 million) 
from 42 million lira through private placement 
    * To issue 8.5 million B group shares for qualified 
investors 
    * Increases capital to develop company's activities in coal 
mining and precious metals 
 
Source text for Eikon:  ID:nIKAS8P18a  
Further company coverage:  ODAS.IS  
 
($1 = 2.4676 liras) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 39 20;))