Brief: Tell to offer shares in private subscription to OEX SA

Oex SA

19/12/2014 07:41

Dec 19 (Reuters) - Tell SA  TEEL.WA : 
    * Resolves to increase the company's capital by 355,538 
zlotys  ($103,000) to 1,377,708 zlotys via a private share issue 
of 1,777,692 series C shares of issue price of 13 zlotys per 
share 
    * Series C shares will be offered in private subscription to 
OEX SA in exchange for contribution in-kind  
    * The contribution in-kind includes 163,517,500 share (or 
100 pct stake) of Cursor SA and 592 shares (or 51.03 pct stake) 
in Divante Sp. z o.o. 
    * The contribution in kind is valued at 43.6 million zlotys 
 
Source text for Eikon:  ID:nEM1958476  
Further company coverage:  TEEL.WA  
 
($1 = 3.4563 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)) 
 
Keywords: TELL/BRIEF