Brief: Gala acknowledges that EEMS gets court approval of composition with creditors

Ops Italia SpA

21/07/2015 11:01

July 21 (Reuters) - EEMS Italia SpA  EEMS.MI : 
    * Says court in Rieti announces the decree of approval of 
its composition with creditors  
    * Deadline for the implementation of its composition with 
creditors is Aug. 31 
    * Court in Rieti scheduled the hearing for the approval of 
the composition with creditors of unit Solsonica SpA on Sept. 17 
 
  Source text: http://bit.ly/1IgVCW8 
   
 Gala SpA  GALA.MI : 
    * Says acknowledges the court approval of EEMS composition 
with creditors 
    * Composition with creditors envisages that Gala subscribes 
to 392,374,080 new shares issued under a reserved capital 
increase worth 1,570,000 euros ($1.70 million), making Gala EEMS 
major shareholder with a 90 pct stake 
 
  Source text: http://bit.ly/1RLWZ3D 
     
 
Further company coverage:  EEMS.MI  and  GALA.MI  
  
 
($1 = 0.9213 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))