Brief: Ovostar Union Plans To Move Its Headquarters To Cyprus

Ovostar Union NV

20/06/2018 07:39

June 20 (Reuters) - OVOSTAR UNION NV  OVO.WA :
    * SAID ON TUESDAY THAT ITS MANAGEMENT HAS DRAWN UP A
PROPOSAL TO
TRANSFER THE CORPORATE SEAT OF THE COMPANY FROM THE NETHERLANDS
TO CYPRUS (THE CONVERSION) AROUND OCTOBER 2018
    * AT THE TIME OF THE CONVERSION THE COMPANY WILL TRANSFER
ITS HEAD
OFFICE AS WELL AS ITS ADMINISTRATION TO CYPRUS
    * SAYS THE MAIN PURPOSE OF THE CONVERSION INTO A CYPRUS
PUBLIC
COMPANY IS TO SIMPLIFY THE COMPANY GROUP STRUCTURE
    * THE NEW NAME OF THE COMPANY FOLLOWING THE CONVERSION WILL
BE
OVOSTAR UNION PUBLIC COMPANY LIMITED


            
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