Brief: OTI Greentech to increase share capital

OTI Greentech AG

20/06/2017 13:09

June 20 (Reuters) - OTI GREENTECH AG  NSAG.D : 
    * TO INCREASE THE SHARE CAPITAL OF THE COMPANY IN RETURN FOR CONTRIBUTIONS IN KIND, WITH THE 
EXCLUSION OF SHAREHOLDERS' SUBSCRIPTION RIGHTS 
    * SHARE CAPITAL DO BE INCREASED BY UP TO EUR 4,195,290.00 TO UP TO EUR 34,173,452.00 
    * WITHIN SCOPE OF TRANSACTION, LOANS OF UP TO EUR 3,647,620 PLUS INTEREST ACCRUED UP TO 31 
MAY 2017 OF UP TO EUR 547,670 TO BE CONVERTED INTO EQUITY IN RATIO EUR 1 INTO 1 SHARE 
    * FINANCIAL COSTS ARE REDUCED BY APPROXIMATELY EUR 0.4 MILLION PER YEAR 
 
Source text for Eikon:  ID:nEQ3J25Cla  
Further company coverage:  NSAG.D  
 
 (Gdynia Newsroom) 
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